Myanmar: Middle class ‘disappearing’ amid uptick in brutal fighting
The UN Development Programme (UNDP) has warned that poverty is surging and the middle class in Myanmar is “disappearing” amidst worsening insecurity and conflict.
The World Food Programme (WFP) warned on Friday that it is facing a 70 per cent funding shortfall in Myanmar, where millions face growing food insecurity.
An additional 207 million people could be pushed into extreme poverty by severe long term impact of the coronavirus pandemic – bringing the total number to more than 1 billion – by 2030, a new study from the UN Development Programme (UNDP) has found.