The two years of Covid-induced hardships coupled with unbridled inflation took the number of new poor from 24.5 million in 2021 to 30.9 million in May 2022, which is 18.54 per cent of the population. In 2020, a research of the BRAC Institute of Governance and Development says that 40 per cent of poor and 35 per cent of vulnerable non-poor households have cut down their household budget for food as a survival strategy.
The two years of Covid-induced hardships coupled with unbridled inflation took the number of new poor from 24.5 million in 2021 to 30.9 million in May 2022, which is 18.54 per cent of the population. In 2020, a research of the BRAC Institute of Governance and Development says that 40 per cent of poor and 35 per cent of vulnerable non-poor households have cut down their household budget for food as a survival strategy.