Economics

Pandemic Pushed 32 Million People Into Extreme Poverty, UN Says

  • Virus fallout has devastated world’s poorest countries
  • Plummetting trade and remittances shocked low-income economies

Photographer: Pius Utomi Ekpei/AFP/Getty Images

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The coronavirus pandemic has had a devastating impact on the world’s poorest countries, pushing millions into extreme poverty, according to United Nations report.

More than 32 million additional people in the poorest countries in the world now live on less than $1.90 a day -- a direct result of the outbreak, the UN Conference on Trade and Development said Thursday.