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UNDP report says Myanmar's middle class has halved since 2021 coup; $4 billion annual aid gap cited
5928180 · April 11, 2024
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Summary
UN Development Programme warns deepening poverty and conflict in Myanmar have halved the middle class since the 2021 military takeover and estimates $4 billion per year in aid is needed to blunt rising vulnerability.
The United Nations Development Programme said Myanmar's middle class has shrunk by 50% since the 2021 military coup and that poverty has surged amid ongoing conflict and insecurity.
Why it matters: UNDP Administrator Akim Steiner said less than a quarter of the…
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