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Some 4.17 crore people in Bangladesh are living in extreme poverty, with 6.5 percent of the population facing severely dire conditions, according to a latest report.
The report, titled “Global Multidimensional Poverty Index 2024: Poverty Amid Conflict”, was published jointly by the United Nations Development Programme (UNDP) and Oxford Poverty and Human Development Initiative of the Oxford University on Thursday.
It identifies poor living standards as the largest contributor to Bangladesh’s poverty rate, accounting for 45.1 percent of the poverty index. Education and health factors also play significant roles, contributing 37.6 percent and 17.3 percent, respectively.
This latest UNDP report calls attention to the urgent need for targeted interventions to address the root causes of poverty and improve living conditions for millions in Bangladesh and beyond.