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March 06, 2012

1990 World $1.25 per day Poverty level was cut in half by 2010

World Poverty has been cut in half since 1990 according to the World Bank

* At the current rate of progress there will still be around 1 billion people living below $1.25 per day in 2015.

* Most of the 649 million fewer poor by the $1.25 per day standard over 1981-2008 are still poor by the standards of middle-income developing countries, and certainly by the standards of what poverty means in rich countries

* In China alone, 662 million fewer people living in poverty by the $1.25 standard, though progress in China has been uneven over time. In 2008, 13% (173 million people) of China’s population still lived below $1.25 a day.







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