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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Inflation Pushed 71M People Into Poverty Since Ukraine War

Poverty United Nations Ukraine UNDP Inflation Achim Steiner Russia
Afghans receive aid at a camp after an earthquake in Gayan district in Paktika province, Afghanistan, Sunday, June 26, 2022. A powerful earthquake struck a rugged, mountainous region of eastern Afghanistan early Wednesday, flattening stone and mud-brick homes in the country's deadliest quake in two decades, the state-run news agency reported. (AP Photo/Ebrahim Nooroozi)

A staggering 71 million more people around the world are experiencing poverty as a result of soaring food and energy prices that climbed in the weeks following Russia’s invasion of Ukraine, the United Nations Development Program said in a report Thursday.

The UNDP estimates that 51.6 million more people fell into poverty in the first three months after the war, living off $1.90 a day or less. This pushed the total number globally at this threshold to 9% of the world’s population. An additional 20 million people slipped to the poverty line of $3.20 a day.

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