Kenya’s Poverty Level Higher than Uganda Reports Says
By NewsfromAfrica
According to the Global Monitoring Report 2013,
The Report , which measures how well countries are doing economically and socially, shows a profound shift in regional economic power. Landlocked
The poverty level scoring is based on the number of people living below Sh105 ($1.25) a day. Previous studies have used $1 daily but that has since been replaced with the higher amount.
In
Previous studies have used $1-a-day as the cut-off point but that has since been replaced with the higher amount..
According to the report, sub-Saharan
In sub-Sahara
“Emerging market and developing countries are growing robustly notwithstanding slow growth in advanced economies. Sustaining this growth – by continuing to maintain prudent macro policies and strengthening the capacity to manage risks, including through a rebuilding of depleted policy buffers – is key to continued progress in poverty reduction as we approach 2015,” said IMF strategy, policy and review department deputy director Hugh Bredenkamp.
The report suggested that growth of town dwellers helps to reduce poverty. In
“Urbanisation helps pull people out of poverty and advances progress towards the Millennium Development Goals (MDGs), but, if not managed well, it can also lead to burgeoning growth of slums, pollution, and crime,” says the report.