HomeGeneral

2.5 Million People Living In Extreme Poverty - Latest Survey

4 years agoTue, 07 May 2019 06:23:31 GMT
Share on FacebookShare on TwitterShare on LinkedIn
2.5 Million People Living In Extreme Poverty - Latest Survey

A recent Survey on Poverty, Income, Consumption, and Expenditure suggests that about 2.5 million Zimbabweans are living in poverty and below the World Bank stipulated Poverty Datum Line (PDL).

The poverty datum line in the country is estimated at $165.44 per month from February. It is likely that it is now higher than that considering that the cost of living has been increasing at an unparalleled rate lately. Therefore, most Zimbabweans live at US$1.87 per day instead of the World Bank’s updated international poverty datum line of US$1.90.

According to the survey, Zimbabweans are living in extreme poverty. These statistics are attributed to a sharp increase in the prices of basic commodities. As a result of the inflation, the amount needed by families or individuals rose up by 5.53% from February to March.

Zimbabwe’s inflation rate was recently ranked number two after Venezuela.

Related:

HOT DEALS:
itel A70 -
(128GB, 3GB RAM) $89,
itel A70 - (256GB, 4GB RAM) $99
itel P40
(128GB, 4GB), (6000mAh) $99
itel P40
(64GB, 4G), (6000mAh) $93
Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika.

WhatsApp: 0783 450 793

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback