UN Department of Economic and Social Affairs in

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UN Department of Economic and Social Affairs in collaboration with more than 60 international agencies, including the UN system and international financial institutions produced a report titled “2022 Financing for Sustainable Development Report: Bridging the Finance Divide”. The pandemic plunged 77 million more people into extreme poverty last year and many developing countries can't recover because of the crippling cost of debt repayments -- and that was before the added impact of the war in Ukraine. According to the U.N., 812 million people lived in extreme poverty on USD 1.90 a day or less -- in 2019, and by 2021 amid the pandemic the number had risen to 889 million.