- CNTV English - CCTV News

Brazil to eliminate extreme poverty by 2016: study

07-14-2010 11:21 BJT Special Report:UN Millennium Summit 2010 |

RIO DE JANEIRO, July 13 (Xinhua) -- Brazil will wipe out extreme poverty and cut the poverty rate to four percent by 2016, said a study released Tuesday by the country's Institute of Applied Economic Research (IPEA).

According to the IPEA, 10.5 percent of the country's population are now considered as extremely poor, while 28.8 percent as poor. The poor families have a monthly per capita income of 255 reais (145 U.S. dollars), just half the minimum wage, while the extremely poor families have merely a quarter of the minimum wage, or 127.5 reais (72.85 U.S. dollars).

Poverty in Brazil has been on a fast decline in recent years. According to the IPEA, between 1955-2008, 12.8 million Brazilians were lifted out of poverty, while another 12.1 million were pulled out of extreme poverty.

The figures represent a 33.6-percent fall in poverty rate and an almost 50-percent drop in extreme poverty rate.

Based on the Lula administration's poverty reduction pace since it took office in 2003, the IPEA now estimates that extreme poverty may disappear in the country by 2016.

The IPEA predicts that by 2012, extreme poverty will be wiped out in the states of Santa Catarina and Parana, both in the southern region. By 2014, extreme poverty will be eliminated in other five states.

Editor:Du Xiaodan |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program