The COVID-19 pandemic’s toll on humanity worldwide cannot be overstated. To date, over 6 million deaths across the globe have been documented. Economic growth globally slowed down, and many more individuals fell into poverty. The World Bank estimates that, due to the pandemic, about 97 million more people are living in poverty, and the global poverty rate will increase from 7.8 to 9.1 percent. Even as the global economy is beginning to bounce back, the pandemic will lead to rising poverty and widening inequality across the world.