TNPSC Thervupettagam

Cost-of-Living Crisis in Developing Countries

July 17 , 2022 731 days 481 0
  • United Nations Development Programme published its “Cost-of-Living Crisis in Developing Countries” report.
  • The Global cost-of-living crisis is forcing another 71 million people in poorest countries of world, into extreme poverty.
  • Increase in key commodity prices in 2022 is already disturbing parts of Sub-Saharan Africa, Asia and the Balkans.
  • The cost-of-living crisis is forcing millions of people into poverty and starvation at alarming speed.

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