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'Billions of people' to feel virus economic impact

'Billions of people' to feel virus economic impact
Sunday 7
3:30 2020

Image copyright Getty Images The coronavirus pandemic is a "devastating blow" for the world economy, according to World Bank President David Malpass. Mr Malpass warned that billions of people would have their livelihoods affected by the pandemic. He said that the economic fallout could last for a decade. In May, Mr Malpass warned that 60 million people could be pushed into "extreme poverty" by the effects of coronavirus. The World Bank defines "extreme poverty" as living on less than $1.90 (£1.55) per person per day. However, in an interview on Friday Mr Malpass said that more than 60 million people ...

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Read more from BBC UK : 'Billions of people' to feel virus economic impact
BBC UK : 'Billions of people' to feel virus economic impact

Summary: World Bank President David Malpass says billions of people will have their livelihoods affected.

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