World Bank says the pandemic could push 60million people into "Extremely poverty"

The coronavirus pandemic could push as many as 60 million people into extremely poverty, the World Bank said on Tuesday.

The waning suggests deepening pessimism among economists about the scale and the duration of the fallout from what the bank described as an 'unprecedented crisis'


The world Bank, which provides loan and  grants to the government of the poorer countries predicted a month ago that this year would make a historic step back for inequality, with the pandemic "likely to cause the first increase in global poverty since 1998".