The World Bank said without proper adaptation and mitigation measures, it is estimated that climate change will cost Vietnam about 12-14.5% of GDP a year by 2050 and could plunge up to one million people into extreme poverty by 2030.
The COVID-19 pandemic pushed 4.7 million people in Southeast Asia into extreme poverty in 2021, as 9.3 million jobs disappeared, according to a new Asian Development Bank (ADB) report revealed on March 16.
The Indonesian government aims to lift three million people out of extreme poverty by 2023, National Development Planning (PPN) Minister Suharso Monoarfa said.
The Indonesian Government aims to eradicate extreme poverty by 2024 with a mix of additional spending on social assistance and spurring corporate social responsibility (CSR) outside Jakarta.
The Indonesian Government will reform the social welfare system with the aim of erasing extreme poverty in 2024, said Minister for National Development Planning Suharso Monoarfa.
A rapidly growing gap between rich and poor in many developing East Asian nations is threatening the foundation for the region's economic success, the World Bank said in a report released on December 4.
UN Under-Secretary-General and Executive Secretary of ESCAP Shamshad Akhtar argues that the organisation's 70th anniversary is an opportunity to reflect on the Commission's achievements, challenges.
Vietnam has called on countries to integrate measures for protecting community health and ensuring the right to food, housing, and education into national climate change response programmes.
Vietnam has become one of the world’s great development success stories, rising from the ranks of the poorest countries, said Work Bank (WB) Group President Jim Yong Kim.
The World Bank forecast that the Vietnamese economy will grow at a speed of 6 percent in 2015, according to the East Asia and Pacific Economic Update released on October 5.