ForumIAS LATEST
- SFG FRC 2027 | Program starts from 18th Dec. 2026 | Admissions open for Entrance Test Click Here to know more →
- Prelims Test Series (PTS) for Prelims 2027 starts 11th Oct. 2026 Click Here to know more →
- [Pre-order] Ethics Redbook 3rd Edition: Delivery starts from 10th October onwards Click Here to Read More →
- 21 Sept. | GS Advance Program (GSAP) for UPSC 2027 Mains starts from 11th Oct. Click Here to Read More →
News: The World Bank has released its biennial Poverty and Shared Prosperity Report.
Facts:
- About the report: The report aims to provide the latest and most accurate estimates on trends in global poverty and shared prosperity.
Key takeaways:
- Global extreme poverty is expected to rise in 2020 for the first time in over 20 years due to disruption of the COVID-19 pandemic.
- Extreme poverty defined as living on less than $1.90 a day is likely to affect between 9.1% and 9.4% of the world’s population in 2020.
Additional Facts:
- Other Reports by World Bank:
- World Development Report
- Global Economic Prospect (GEP) Report
- Logistics Performance Index
- Remittance Report
- Global Financial Development Report
- Human Capital Index.
