- The pandemic pushed an estimated 75 million to 80 million more people in developing Asia into extreme poverty in 2020.
- Poorer households in Asia were more likely to experience reduced consumption due to disruptions caused by COVID-19.
- Unemployment rates increased by at least 20% in in more than one-third of reporting economies of Asia and the Pacific. Asia lost roughly 8% working hours due to COVID-19 pandemic in 2020.
The COVID-19 pandemic continues to have severe impact on living conditions of socioeconomically vulnerable and marginalized segments of society. What is the extent of this impact and what are the measures taken to address the rising poverty and inequality caused by the pandemic? The webinar will present findings from the flagship report Key Indicators for the Asia and Pacific 2021, focusing on the pandemic’s impact on poverty and inequality, and a panel of experts from government and the development community will consider policy options.
