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Covid-19 Plunges 50 % Zimbabweans Into Extreme Poverty - World Bank

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Alois vingaStella ilievaWorld bank senior economistWorld bankSpread thisZimbabwe economic updateBank senior economistஉலகம் வங்கி மூத்தவர் பொருளாதார நிபுணர்உலகம் வங்கிபரவுதல் இதுவங்கி மூத்தவர் பொருளாதார நிபுணர்

Zimbabwe: Covid-19 Plunges 50 Percent Zimbabweans Into Extreme Poverty - World Bank

Zimbabwe: Covid-19 Plunges 50 Percent Zimbabweans Into Extreme Poverty - World Bank
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Alois vingaStella ilievaWorld bank senior economistWorld bankZimbabwe economic updateBank senior economistஉலகம் வங்கி மூத்தவர் பொருளாதார நிபுணர்உலகம் வங்கிவங்கி மூத்தவர் பொருளாதார நிபுணர்

INCREASING POPULATION OF POOR NIGERIANS

More Nigerians will be trapped in poverty because of increasing population Nigeria’s uncontrolled population is becoming worrying as the prospects of poverty reduction in the near future is increasingly becoming a mirage. This was underscored last week at the virtual launch of the 2021 Macroeconomic Outlook of the Nigerian Economic Summit Group (NESG). The World Bank said at the forum that about 15 million to 20 million more Nigerians would be tipped into poverty by 2022. At present, about 100 million people, half the population of Africa’s biggest economy, are already living below the poverty line. World Bank Senior Economist, Gloria Joseph-Raji, said that the impact of the COVID-19 pandemic on Nigerian economy was hard. Indeed, the country experienced its second and deepest recession in five years since the 1980s in 2020, evidently a fallout of the catastrophic drop in the prices of oil, the country’s main foreign exchange earner. “We consider Nigeria right now to be at a

Gloria joseph rajiWorld bank senior economistNational bureau of statisticsWorld bankPresidential economic advisory councilMore nigeriansNigerian economic summit groupBank senior economistNational bureauPoverty clock reportDoyin salamiகுளோரியா ஜோசப் ராஜிஉலகம் வங்கி மூத்தவர் பொருளாதார நிபுணர்தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள்உலகம் வங்கிமேலும் நைஜீரியர்கள்

Implementing economic reforms to tackle poverty

Bola-Audu Until deliberate policies and reforms are implemented, the plan by the Federal Government to take over 100 million Nigerians out of poverty by 2030 would be another mirage. Analysts are of the view that without the political will and determination to change the status quo, policies and recommendations will only continue to gather dust in government offices with serious consequences for the nation. This is just as the World Bank has projected that the number of poor people in Nigeria will increase by 20 million by 2022. World Bank Senior Economist, Gloria Joseph-Raji, who stated this at the launch of the 2021 macroeconomic outlook report by the Nigeria Economic Summit Group (NESG), said: “We consider Nigeria right now to be at a critical junction in the sense that the achievement of its development goal of lifting 100 million people out of poverty by 2030 was already challenging even before COVID-19 struck, and then COVID-19 has made this even more challenging a

Abuja federal capital territoryTimothy olawalePaul omoijiadeMuhammadu buhariGloria joseph rajiAsue ighodaloAssociation of senior civil servants nigeriaLagos chamberWorld bank senior economistNigeria employer consultative associationNational home grown school feeding programmeJob creation programmeNational bureau of statisticsNational social investment programmeWorld bankInternational labour organisation

Poor Nigerians Will Increase By 15 Million Soon, World Bank Says

Poor Nigerians Will Increase By 15 Million Soon, World Bank Says Nigeria needs to push forward policies that improve the business environment and improve the welfare of the average Nigerian. by Saharareporters, New York Feb 03, 2021 Nigeria needs to implement key reforms to get the economy out of the current doldrums and achieve sustainable, inclusive growth, the World Bank and the Chairman of the Presidential Economic Advisory Council, Dr Doyin Salami, have said. They said this on Tuesday at the virtual launch of the 2021 Macroeconomic Outlook of the Nigerian Economic Summit Group, a private sector-led think-tank. At the forum, the World Bank said its estimates show that between 15 million and 20 million Nigerians would join the poverty rank by 2022, Punch reports.

Gloria joseph rajiWorld bank senior economistNigeria living standardsWorld bankPresidential economic advisory councilNigerian economic summit groupBank senior economistNigeria living standards surveyகுளோரியா ஜோசப் ராஜிஉலகம் வங்கி மூத்தவர் பொருளாதார நிபுணர்நைஜீரியா வாழும் தரநிலைகள்உலகம் வங்கிநைஜீரியன் பொருளாதார உச்சிமாநாடு குழுவங்கி மூத்தவர் பொருளாதார நிபுணர்நைஜீரியா வாழும் தரநிலைகள் கணக்கெடுப்பு