Urban Poverty Rates in Myanmar Set to Triple, Warns New UN Survey
By Caroline Mwanga
NEW YORK | YANGON (IDN) — By early 2022, nearly half of Myanmar’s 55 million population—some 25 million people—will be living below the national poverty line, according to the United Nations Development Programme (UNDP). A survey leaves no doubt that the country’s poverty headcount is likely to return to levels not seen since 2005, effectively erasing 15 years of pre-pandemic economic growth.…