According to the UN, 165 million people fell into poverty in the past three years

"Especially for low-income countries, that burden has become unsustainable at this point,"

by Sead Dedovic
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According to the UN, 165 million people fell into poverty in the past three years

Several weeks ago, the United Nations released a report that shocked and disappointed many. Over the past few years, 165 million more people now live below the poverty line. The United Nations Development Program (UNDP) announced on Friday that poverty-affected people are now living on less than $3.65 a day as a result of the Coronavirus pandemic and economic disruptions since 2020.

"That number in reality could be even higher if governments had not introduced social security programs and many stimulus packages during the (pandemic) covid," said UNDP chief Achim Steiner, Germany's top representative to the United Nations.

"Especially for low-income countries, that burden has become unsustainable at this point," he continued. Aside from the health system of the countries, Steiner is concerned about the social infrastructure as well. Over the next few months, he fears things could get very difficult.

"A government that can no longer employ doctors and nurses in hospitals, that can no longer provide drugs for rural health centers, is actually destroying the social infrastructure of the country," Steiner said.

Consequences

The population will suffer enormous consequences as a result of this.

As a result, a system of insecurity, fear, and uncertainty will be created. Under such circumstances, it will be difficult to function. "And this is reflected as a lack of health care, less education, no social safety nets that can provide temporary help for people who, through no fault of their own, have found themselves in situations where they literally cannot feed their families anymore," he added.

There are 52 countries around the world living in debt slavery that they will never be able to escape, according to the United Nations on Wednesday. There will be an increase of five times in global public debt in 2022, reaching a record $92 trillion. The UN said 3.3 billion people live in countries where interest on loans exceeds expenditures on education and health.

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