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1.2 Billion People Worldwide Struggling with Extreme Poverty
According to a report by the UN Development Programme (UNDP) in collaboration with the Oxford Initiative on Poverty and Human Development, 1.2 billion people in 108 countries are experiencing extreme poverty. Half of them are children, and the number of people in such conditions has increased by 51.5 million over the past year. The UNDP report highlights that 18.9% of the world's population is affected by extreme poverty, with 617 million children among them. The majority of the affected people live in rural areas. The UNDP also notes that the proportion of people living in poverty has decreased in 33 countries, including six African countries. However, the overall number of people living in poverty has increased due to population growth in countries like Nigeria, Angola, and Zambia.