Bangladesh needs to spend Tk 10,085 crore per month to support the poor and the newly poor struggling to survive amid the coronavirus pandemic, suggested a new study. Due to the income shock emanating from the pandemic, 77.2 per cent of the vulnerable non-poor fell below the poverty line, said the survey report styled “Livelihoods, Coping, and Support during COVID-19 Crisis”. This would imply that beyond the 20.5 per cent of the population officially recognised as poor there is a group of ‘new poor’ representing an additional 22.9 per cent of the population that needed to be brought within the discussion on poverty.
Bangladesh needs to spend Tk 10,085 crore per month to support the poor and the newly poor struggling to survive amid the coronavirus pandemic, suggested a new study. Due to the income shock emanating from the pandemic, 77.2 per cent of the vulnerable non-poor fell below the poverty line, said the survey report styled “Livelihoods, Coping, and Support during COVID-19 Crisis”. This would imply that beyond the 20.5 per cent of the population officially recognised as poor there is a group of ‘new poor’ representing an additional 22.9 per cent of the population that needed to be brought within the discussion on poverty.
