Skip to main content
Advertising

Originally published Saturday, April 20, 2013 at 3:25 PM

  • Share:
           
  • Comments (0)
  • Print

World Bank sets poverty goal

The World Bank has set a goal of eliminating extreme poverty around the world over the next 17 years.

AP Economics Writer

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

WASHINGTON —

The World Bank has set a goal of eliminating extreme poverty around the world over the next 17 years.

The World Bank's policy committee on Saturday approved a proposal to establish the goal of eliminating extreme poverty, defined as living on less than $1.25 per day, by 2030. The World Bank estimates that there are still 1.2 billion people living in extreme poverty with sub-Saharan Africa accounting for more than one-third of the world's extreme poor.

World Bank President Jim Yong Kim told reporters at a closing news conference that setting a goal of eliminating extreme poverty was, in his words, "an historic moment" for the world.

Kim says a world without poverty is no longer a dream and that they have set an expiration date.

News where, when and how you want it

Email Icon


Advertising
The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►