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Zimbabwe's poverty datum line shoots to $3 159

by Staff reporter
27 Nov 2019 at 20:17hrs | Views
The country's poverty datum line for an average of five persons stood at $3, 159.52 in October, an increase of 44.2% from September's $2 191.62. The increase is in tandem with the sharp rise in the monthly inflation figures of 38.75%.

According to Zimstat, the PDL for a person stood at $631.90 or (US$1.30 at the interbank rate at the end of the period). This is below the World's Bank international Poverty Line of US$1.90 a day and still significantly below the US$3.20 standard for middle income countries and US$5.50 for upper middle income countries.

Compared to $3, 159.52 the average cost for the basic requirements for a family of five for the whole country, the figure for Harare is $3,201.06, for Bulawayo $3,234.62, for Masvingo $3,138.19 and for Manicaland $3 169.41. The highest figure for the country is Matebeleland North at $3 359.28, followed by Matebeleland South at $3 305.44 and the lowest is Mashonaland Central $2,904.11.

Source - finx