The army of the ‘new poor’, struggling to return to pre-Covid occupations and income levels, is in danger of being stuck in a poverty trap, says a joint survey released on Tuesday. It estimated that the new poor constituted 21.2 per cent of the national population in June 2020, and now they constitute 14.8, which stands at 24.5 million people. One year into the Covid-19 pandemic, the poor across Bangladesh are facing emerging vulnerabilities, like mounting debt and dwindling savings, according to a survey conducted by the Power and Participation Research Centre (PPRC) and BRAC Institute of Governance and Development.
The army of the ‘new poor’, struggling to return to pre-Covid occupations and income levels, is in danger of being stuck in a poverty trap, says a joint survey released on Tuesday. It estimated that the new poor constituted 21.2 per cent of the national population in June 2020, and now they constitute 14.8, which stands at 24.5 million people. One year into the Covid-19 pandemic, the poor across Bangladesh are facing emerging vulnerabilities, like mounting debt and dwindling savings, according to a survey conducted by the Power and Participation Research Centre (PPRC) and BRAC Institute of Governance and Development.
