THE number of people living in extreme poverty around the world has sharply declined over the past three decades, but about 400 million children still live in such abysmal conditions, which needs urgent efforts to tackle, the World Bank said Thursday.

There was less than 721 million people living in extreme poverty in 2010—defined as under US$ 1.25 per day—compared to that in 1981, but a disproportionate number of children were among them, said the World Bank in a report released Thursday.

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