SEE ALSO: Why coffee farming will remain a poverty trapThe effects have slowed down global economic activities and changed consumer patterns, causing market anomalies. If it contracts by 20 per cent then the number of people living in poverty could increase by 420–580 million globally. The study points out that achieving the SDGs aimed at ending poverty by 2030 might be a pipe dream because projections show that global poverty could rise for the first time since 1990. “Depending on the poverty line, such increase could represent a reversal of approximately a decade in the world’s progress in ending poverty,” reads the report. Some of the weighty and primary goals such as quality education, eradication of poverty and zero hunger are under threat.

Source: The North Africa Journal April 11, 2020 21:00 UTC