The Ministry of Social Policy ensures that there will be no significant increase in poverty in 2020

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The Ministry of Social Policy ensures that there will be no significant increase in poverty in 2020

The Ministry of Social Policy ensures that there will be no significant increase in poverty in 2020

05/20/2020 21:52

Ukrinform

At the end of 2020, the level of poverty (according to the criterion of costs lower than the real cost of living) in Ukraine will drop to 45%, or 6.5%. point above the value of 2019.

This was reported by the press service of the Ministry of Social Policy of Ukraine.

“According to forecasts by the Institute of Demography and Social Research MVPtukha of the National Academy of Sciences of Ukraine in 2019, the level of poverty (according to the criterion of costs lower than the real cost of living) should be 38.5%, or 4.7% less than in 2018. years and by the end of 2020, the poverty level will drop to 45%, 6.5% more than the value of 2019 “, according to the report.

Therefore, according to the ministry, in the past three years, Ukraine has shown a confident exit from the crisis and “had a real chance of reaching 2008 levels (the period before the financial and economic crisis) in terms of poverty”. The level of absolute poverty (expenditure lower than the cost of real life) rose from 58.6% in 2016 to 43.2% in 2018.

See also: Government is doing everything it can to stop increasing poverty – President

The monitoring of poverty indicators over 9 months of 2019 also indicates a positive trend towards poverty reduction in Ukraine. Thus, the level of poverty according to the absolute criterion (expenses lower than the cost of real life) for 9 months of 2019 decreased and amounted to 41.4% against 45.0% for the corresponding period of 2018. “Thus , media reports on “a sharp increase in poverty from 27.2 percent to 43.6 percent” according to UNICEF are inaccurate and need to be clarified, “said the ministry.

According to some media, experts from UNICEF (United Nations Children’s Fund) recently published a report predicting that the level of poverty in Ukraine following the COVID-19 pandemic would decrease less absolute, threatening at 43.6%, and in a more threatening scenario. – up to 50.8%.

According to the materials: ukrinform.ru

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