Due to the combined effects of the COVID-19 crisis and the inflation shock, the Kingdom has lost seven years of progress in eradicating poverty and vulnerability. About 3.2 million additional people have been pushed into poverty or vulnerability. Household living standards fell by 2.2% per year between 2019 and 2021, the latest HCP report shows. The health crisis related to Covid-19 has had a terrible impact on…
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