"Up to 100 million people are likely to return to extreme poverty", the message says.
According to previous estimates of the bank, the ultimate poverty threatened 60 million, but the new calculations show that the figure could change to 70 to 100 million people.
At that, Malpass assumed that the number of potentially exposed people could grow if the pandemic carries on for a while or the overall epidemic situation in the world gets worse.
The financial authority also took the commitment to assign 160 billion dollars for the needs of 100 countries until June 2021, as the efforts to remove the consequences of the emergency.
Meanwhile, Ukraine’s Cabinet of Ministers proposes to extend the quarantine in Ukraine until November 1, 2020, due to the worsening of the epidemic situation in the country. Prime Minister of Ukraine Denys Shmygal announced this at a traditional conference call chaired by President of Ukraine Volodymyr Zelensky.