Liberia: 2.5 Million Liberians Still Living Below Poverty Line

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World Bank report indicates that lack of regularly collected survey data makes it hard to understand which poverty reduction policies are working and which policies need to be reconsidered

On Monday, the World Bank Group released a report showing that poverty in Liberia remains a formidable challenge, with over half of the population still living below the poverty line. And with six years left to fulfill Liberia's Vision 2030 and the Sustainable Development Goals, all eyes are on the Boakai administration -- for leadership more than anything else -- to ensure that Africa's oldest independent republic reaches its development targets.

According to her, the Poverty Assessment report is looking to crucial years ahead and can be valuable input for the new National Development Strategy and the Bank's new Country Partnership Framework, she said. "The World Bank and the Government of Liberia share a common ambition, rooted in the Bank's mission to end extreme poverty and promote shared prosperity on a livable planet," she explains.

Speaking on behalf of Finance Minister Boima S. Kamara, Zuo thanked the World Bank for the report, and said it will be a resource tool for the successful implementation of the government's ARREST program. "Poverty in Liberia remains a formidable challenge, with over half of the population still living below the poverty line. Understanding the underlying causes and potential pathways out of poverty are essential for making meaningful progress to improve living standards and livelihoods.There was a problem processing your submission. Please try again later.

 

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