Hirunews Logo
HiruNews
HiruNews
HiruNews
Extreme+poverty+%27to+fall+below+10%25%27+-+World+Bank
Monday, 05 October 2015 - 9:50
Extreme poverty 'to fall below 10%' - World Bank
10

Shares
1,251

Views

The World Bank has said that for the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015. 

The bank said it was using a new income figure of 1.9 dollars per day to define extreme poverty, up from 1.25 dollars.

It forecasts the proportion of the world's population in this category to fall from 12.8% in 2012 to 9.6%.

However, it said the "growing concentration of global poverty in sub-Saharan Africa is of great concern".

Although the share of people in poverty in sub-Saharan Africa is projected to fall from 42.6% in 2012 to 35.2% by the end of 2015, this will still represent around half of the world's poor.

Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE
You may also like :
HiruNews
Thursday, 16 August 2018 - 16:24
Mangroves play a critical role in maintaining the ecological balance in Sri Lanka's coastal areas.However, some money-hungry people do not understand this.Our... Read More
HiruNews
News Image
Hiru News Programme Segments
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
HiruNews
1,692 Views
HiruNews
HiruNews
HiruNews
827 Views
HiruNews
HiruNews
HiruNews
6,615 Views
HiruNews
HiruNews
HiruNews
16,601 Views
HiruNews
HiruNews
HiruNews
30 Views
HiruNews
HiruNews
HiruNews
44,939 Views
Top