Poverty in Bangladesh has surged over the past three years, with nearly 28 percent of the population now poor compared to 18.7 percent in 2022, according to new estimates by the Power and Participation Research Centre.
PPRC report reveals sharp rise from 2022
As prices soar, poor and middle-class struggle with rising cost of living
Warnings from World Bank should be taken seriously
Over the past two years, real income reductions due to ongoing inflationary pressure have pushed at least 78 lakh people into poverty, shows the study by the Research and Policy Integration for Development (RAPID).
Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank
Poverty in Bangladesh has surged over the past three years, with nearly 28 percent of the population now poor compared to 18.7 percent in 2022, according to new estimates by the Power and Participation Research Centre.
PPRC report reveals sharp rise from 2022
As prices soar, poor and middle-class struggle with rising cost of living
Warnings from World Bank should be taken seriously
Over the past two years, real income reductions due to ongoing inflationary pressure have pushed at least 78 lakh people into poverty, shows the study by the Research and Policy Integration for Development (RAPID).
Around 5 lakh people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing power, said the World Bank
