Some 460,000 people in Cambodia have fallen below the poverty lin due to the Covid-19 pandemic, said a World Bank report released on Monday.<\/p>\n
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Titled ‘Poverty Assessment Report for Cambodia, Toward a More Inclusive and Resilient Cambodia’, the report said Cambodia’s poverty rate dropped from 33.8 per cent to 17.8 per cent over the 10-year period between 2009 and 2019, with almost 2 million people escaping poverty, reports Xinhua news agency.<\/p>\n
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“Since 2020, the rate has increased by 2.8 percentage points, indicating that around 460,000 people have fallen below poverty income thresholds,” the report said.<\/p>\n
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Maryam Salim, World Bank country manager for Cambodia, said despite the impressive success in poverty reduction from 2009 to 2019, many households remained vulnerable, with few savings or safety nets.<\/p>\n
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“This meant Covid-19 dealt a setback to the country’s progress in combating poverty as employment and wages diminished,” she said while launching the report.<\/p>\n
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To support a more inclusive and resilient recovery from the pandemic and the economic shocks that came with it, Cambodia could consider a range of policy actions, the report said.<\/p>\n
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It added that these included targeted cash transfers, steps to strengthening social protection and investments in health and education.<\/p>\n
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The Southeast Asian nation has a population of 16 million people.<\/p>\n
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The World Bank said the national poverty line in the kingdom is 10,951 riel or $2.7 per person a day.<\/p>\n","protected":false},"excerpt":{"rendered":"
Some 460,000 people in Cambodia have fallen below the poverty lin due to the Covid-19 pandemic, said a World Bank report released on Monday. Titled ‘Poverty Assessment Report for Cambodia, Toward a More Inclusive and Resilient Cambodia’, the report said Cambodia’s poverty rate dropped from 33.8 per cent to 17.8 per cent over the 10-year […]<\/p>\n","protected":false},"author":1,"featured_media":21660,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,28],"tags":[],"class_list":["post-21659","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-stories","category-world"],"_links":{"self":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/21659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/comments?post=21659"}],"version-history":[{"count":1,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/21659\/revisions"}],"predecessor-version":[{"id":21661,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/posts\/21659\/revisions\/21661"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/media\/21660"}],"wp:attachment":[{"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/media?parent=21659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/categories?post=21659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.testctsl.in\/indiafirstepaper\/wp-json\/wp\/v2\/tags?post=21659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}