India, March 4 -- Indicators such as fiscal deficits, rising debt and remittances are estimated to fall by 20% because of COVID-19 in Africa
As many as nine out of 10 extremely poor people in the world currently live in Africa and the novel coronavirus disease (COVID-19) will push an additional 5-29 million below the extreme poverty line.
If the impact of the pandemic is not limited by 2021, an additional 59 million people could suffer the same fate, which would bring the total number of extremely poor Africans to 514 million people, warned the Economic Commission for Africa (ECA) in a statement on the second day of Seventh Session African Regional Forum for Sustainable Development (ARFSD).
The forum started March 1 and ended March 4, 20...