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Latin America's economic growth unable to battle poverty: IDB AFP

Mon, 19 Mar 2007 02:22 PM
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Latin America's economic growth unable to battle poverty: IDB
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Economic growth in recent years has helped reduce poverty in Latin America, but an "unacceptable" 205 million people in the region still live in poverty, the head of the Inter-American Development Bank (IDB) said on Monday."Thanks to this situation, the percentage of Latin Americans living below the poverty and extreme poverty lines is the lowest in recent history," IDB President Luis Alberto Moreno said at the opening of a meeting in Guatemala City of the bank's board of governors."Even though 13 million Latin Americans have escaped from the clutches of poverty in recent years, the current economic expansion has not been reflected in an improvement of the quality of life for a large number of our inhabitants. Inequality continues. It is unacceptable that 205 million people live below the poverty line," he said."The major challenge for our countries over the next years should be to ensure that the benefits of growth are felt in every home of the region, and to achieve this, equal opportunities have to be a top goal."
Copyright 2008, by AFP . All rights reserved


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READERS COMMENTS

Fri, 26 Sep 2008 11:39 AM

Poverty is hunger. Poverty is lack of shelter. Poverty is being sick and not being able to see a doctor. Poverty is not having access to school and not knowing how to read. Poverty is not having a job, is fear for the future, living one day at a time. Poverty is losing a child to illness brought about by unclean water. Poverty is powerlessness, lack of representation and freedom.





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