Although 14% of the population still lives in “multidimensional poverty” and 10.9% are exposed to it, Morocco was listed in a UN report as one of 25 nations that had been able to cut their poverty index in half within 15 years.
The Global Multidimensional Poverty Index, which ranks 110 nations, included this in its most recent version. The United Nations Development Program and the University of Oxford’s Poverty and Human Development Initiative conducted the study.
Morocco was listed by the UN as having slashed the worldwide index values by half in just 15 years, demonstrating its capacity for quick development.
According to the research, the list of nations showed that it was possible to achieve the Sustainable Development Goal (SDG) of halving poverty according to national definitions within 15 years by reducing the global multidimensional poverty index by half in short periods of 4 to 12 years.
In light of the fact that the global MPI evaluates multidimensional poverty using the same approach, the report stated that it is crucial to consider the MPI in relation to national definitions of poverty.
Acute multidimensional poverty is present in 110 nations and affects 1.1 billion people, or little over 18%, of the world’s 6.1 billion inhabitants.
The same source estimates that South Asia (389 million) and sub-Saharan Africa (534 million) together account for the equivalent of five out of every six poor people.
The report states that approximately two-thirds of the world’s poor (730 million people) reside in middle-income nations, making employment there crucial to eradicating poverty worldwide.
Despite making up only 10% of the total population in the global MPI, low-income nations are home to 35% of the world’s impoverished.
Half of the world’s impoverished (566 million) are under the age of 18 according to the Multidimensional Poverty Index. 27.7% of children live in poverty, compared to 13.4% of adults.
Rural areas, which are poorer than urban areas worldwide in all regions, are the primary places affected by poverty, with 84% of all poor people residing there.
If there is not solidarity, poverty can’t be eradicated