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Myanmar poverty could double from coup chaos, UN warns

Myanmar poverty could double from coup chaos, UN warns

A new UN report has suggested that the political turmoil and disruptions following the coup in Myanmar could double the number of its people living in poverty to nearly half the population. The report said 12M people could fall into dire economic straits as businesses remain shuttered. Research agency Fitch Solutions forecasts that the economy will contract 20% in the current fiscal year.

David
David
Rational ific
Rational ific 2 weeks

"12 million people could fall into dire economic straits as businesses remain shuttered"... It's interesting how businesses remaining shuttered is a recipe for widespread poverty and economic disaster only in Myanmar.

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