World Bank issues poverty line warning

The World Bank found that more than 40% of Indonesians were economically insecure – half of the people classified as not poor, according to its 2019 data. — Jakarta Post

JAKARTA: The World Bank has called on Indonesia to expand its poverty eradication efforts to protect millions of citizens it says are in danger of falling back into poverty, despite the country’s achievements in improving a lot for its people over the past decades.

Less than 1.5% of Indonesians were living below the World Bank’s extreme poverty line of US$1.9 (RM8.5) per day as of 2022, according to the development lender’s data. That is far below the 19% recorded two decades ago.