What is the estimated number of people who could be pushed into extreme poverty due to the COVID-19 outbreak this year?

The estimation of 88 million to 115 million people being pushed into extreme poverty due to the COVID-19 outbreak aligns with comprehensive reports from organizations like the World Bank and various NGOs. These organizations closely monitor global economic trends and social conditions, especially in times of crisis such as the pandemic.

The pandemic has disrupted economies worldwide, leading to job losses, reduced working hours, and increased costs of living due to health-related expenses or lack of access to essential services. This surge in poverty is exacerbated in low-income countries where economic safety nets are not robust enough to support the population during crises.

The range provided captures the scale of the economic impact observed in research and underscores the devastating potential of the pandemic on vulnerable populations. It highlights the need for targeted interventions and policy measures aimed at alleviating poverty and ensuring that the affected individuals can regain their livelihoods as recovery efforts continue.