The World Bank Group has set a clear mission ... it will take decades to eradicate extreme poverty and more than a century to lift people above the $6.85 per day poverty line. Improving labor incomes ...

In a world where the cost of living continues to rise while wages stagnate, millions of workers find themselves trapped in a relentless battle for survival. From Africa to Asia, Latin America to parts ...

World leaders agreed in 2000 to halve the number of people living in poverty by 2015. The poverty line was defined as the purchasing power parity (PPP) equivalent to a US dollar a day, later adjusted ...

but for more useful measures – including the share of people living below the global poverty line. The structural poverty approach outperformed previous monetary poverty methods and is forward ...

At least 92% of South Sudan’s estimated 11 million people lived below the extreme poverty line in 2024, according to a new ...

The World Bank defines poverty using the International Poverty Line, which designates extreme poverty at $2.15 per person per day, while $3.65 falls under the lower-middle income category ...

South Africa sought to salvage international talks on tackling global poverty on Wednesday as finance chiefs from several leading economies skipped a gathering of Group of 20 nations in Cape Town held ...

The grouping of the world's 20 major economies was formed after the Asian financial crisis in 1999 to improve cooperation in addressing crises that spill across international borders.