News Column

Liberia Tops Poverty List on Continent

May 2, 2014

Latest report by the World Bank has revealed that Liberia is leading several poverty-stricken countries in Africa, warning that reducing poverty in those countries is a matter of importance.

The report released on April 10,2014 named the five top countries in terms of poverty density as the Democratic Republic of the Congo (where 88% of the population is below the poverty line), Liberia (84%), Burundi and Madagascar (81% each), and Zambia (75%)."Reducing poverty in these places is as important as making progress in countries where the absolute number of poor people is much bigger," the report said.

The report said to reach the twin goals, the World Bank Group will need to tailor its support depending on the level of each nation's urbanization, the extent of its energy needs, the levels of basic services, the human capabilities of every citizen and capacities of their governments. Success will require taking transformational solutions to scale, whether in terms of programs to improve sanitation in burgeoning cities, projects to ensure more efficient use of water for farming and other uses, expansion of health coverage for lower-income people, or the extension of welfare-to-work programs in places with high youth unemployment. Equally, progress in improving poor people's lives will not be sustainable if the environmental consequences of economic development are not taken into account. Making growth processes resource-efficient, cleaner and more resilient without necessarily slowing them is important to sustaining economic development.

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Source: AllAfrica

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