New study shows 2.5 million Sri Lankans vulnerable to poverty

ECONOMYNEXT- A new study by Sri Lanka’s Census and Statistics Department has revealed that 2.5 million of Sri Lanka’s 20 million people are vulnerable to poverty.

Economic shocks such as loss of jobs and livelihoods, severe illnesses and injuries have serious impacts that cause poverty, according to the DCS report done using the global multidimensional poverty index approach.

This approach considers three categories; health, education and standard of living, and ten indicators under them; nutrition, child mortality, years of schooling, school attendance, electricity, sanitation, drinking water, floor, cooking fuel and assets.

The Global Multidimensional Poverty Index (MPI) is an international measure of acute poverty covering over 100 developing countries.

The DCS study shows that the highest deprivation, 2.26, has been reported from the deprivation of cooking fuel in the category of standard of living of the total population and the lowest 0.1 percent is from child mortality in the health category.

The highest contribution to overall MPI of 28.4 percent is given by the nutrition indicator and the lowest contribution by child mortality.

The DCS study shows the highest population vulnerable to poverty is from Polonnaruwa district, at 19.8 percent, while Colombo district shows the lowest rate of 3.4 percent.

The DCS said in its report that the study to measure poverty in the country is part of measures to achieve the Sustainable Development Goal to eliminate poverty in the country.