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Study warns of poverty surge to over 1 billion due to virus

Global poverty is set to rise above one billion people once again as a result of the coronavirus pandemic, which is reducing the income of the world’s poorest by $500 million (Sh53 billion) a day, according to new research published Friday.

The research by King’s College London and the Australian National University points to poverty increasing dramatically in middle-income developing countries, where millions of people live just above the poverty line.

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