Do you know that a person living in a country facing chronic conflict situations is ten times more likely to be poor than a person living in a country devoid of it?
According to World Bank's new report on fragility and conflict-affected situations (FCS), 43 of the world's most impoverished countries are predominantly in conflict zones or in Sub-Saharan Africa. People living in fragile and conflict-affected situations (FCS) suffer multiple deprivations that increase their chances of being and remaining poor. Precisely, 1 in 5 of those living in FCS suffer from monetary, education, and infrastructure deprivations simultaneously pushing them further into poverty.
Between 2012 and now, the number of forcibly displaced persons worldwide more than doubled, exceeding 74 million people in 2018. When it boils down to a matter of life and death, as it often does, many persons living in FCS are forced to forfeit their residence and personal belongings to relocate elsewhere with next to nothing in their name. Therefore, it is no rocket science that economies in the FCS zones have extreme poverty rates as high as 75%, whereas those countries outside this catchment all have poverty rates below 19%.
By 2030, 67% of the world’s extreme poor are expected to be living in FCS. This means that without intensified interventions to tackle the chief causes of conflict and violence, global poverty reduction goal (Sustainable Development Goal, SDG 1) will not be achieved.
Graphic credit: World Bank
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Article Credit: Michael Adesanya