Wednesday, May 19, 2010

the world crisis

Chief Economist of the World Bank, Africa region, Dr Shanta Devarajan in regard to the Millennium development goals said “The crisis has put us further off track...the estimated poverty rate in Africa would have been 36 per cent by 2015 but now we re-estimated it to be about 38 per cent.”

Two percentage points is 20 million people. So there is 20 million additional people who will be in poverty as a result of the crisis.

Another 30,000 to 50,000 African babies will die before their first birthday.

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