The coronavirus disease 2019 (COVID-19) pandemic has put steady progress in poverty reduction over the past 25 years into reverse, with the number of people in extreme poverty increasing for the first time in a generation. Now, rising inflation and the impacts of the war in Ukraine may derail progress further. The combined crises could lead to an additional 75 million to 95 million people living in extreme poverty in 2022, compared with pre-pandemic projections. While almost all countries have introduced new social protection measures in response to the crisis, many were short-term in nature, and large numbers of vulnerable people have not yet benefited from them. As things stand, the world is not on track to end poverty by 2030, with poorer countries now needing unprecedented levels of pro-poor growth to achieve this goal.

Sustainable Development Goals:
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