Published:  02:33 AM, 13 July 2019

Poverty falling significantly

UN report on Bangladesh

Poverty falling significantly

The United Nations in a report has said Bangladesh attained significant progress towards reducing all forms of poverty.

The UN Development Programme (UNDP) on Thursday published the 2019 global Multidimensional Poverty Index (MPI) -- a tool to measure progress towards Sustainable Development Goal (SDG) 1, which aims to end poverty in all forms and dimension.

The organization compares acute multidimensional poverty across 101 countries and monitors changes over time, based on 10 indicators including health, education, quality of work and standard of living.

According to report, Bangladesh is among 10 countries with a combined population of 2 billion to have made statistically significant progress towards achieving the SDG 1. The UNDP studied 31 low-income, 68 middle-income and 2 high-income countries and found that 1.3 billion people are 'multidimensionally poor'.

Bangladesh ranks alongside India and Cambodia for making the fastest reductions in poverty across the board, improving its standing in nine of the 10 indicators with poverty falling at the same speed in rural and urban parts of the country.

According to the report, over half of the 1.3 billion people identified as poor are children under the age of 18 and around a third are under the age of 10.It said the vast majority of the children, around 85 per cent, live in South Asia and Sub-Saharan Africa.

The UNDP, however, found that child poverty has dropped markedly faster than adult poverty in Bangladesh, Cambodia, Haiti, India and Peru."Action against poverty is needed in all developing regions", the report said.According to it, Sub-Saharan Africa and South Asia contained the largest proportion of poor people -- 84.5 per cent. It describes the level of inequality in these regions as 'massive'.

The disparity in South Asia ranges from 0.8 percent in the Maldives to 55.9 per cent in Afghanistan, the report said.According to it, Pakistan and Bangladesh have similar MPI values (0.198), but inequality is higher in Pakistan (variance of 0.023) than in Bangladesh (0.016).

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