COVID-19 Pandemic Pushes 4.7 Million More People In Southeast Asia Into Extreme Poverty: ADB Report
MANILA, Mar 16 (NNN-PNA) – The COVID-19 pandemic pushed 4.7 million people in Southeast Asia into extreme poverty in 2021, as 9.3 million jobs disappeared, compared with a baseline no-COVID scenario, said an Asian Development Bank (ADB) report, released today.
According to the Manila-based bank, the region is beginning to recover from the two-year pandemic, forecast to pick up to 5.1 percent this year, as almost 60 percent of its population become fully vaccinated, enabling many economies to reopen.