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Brazil slashes extreme poverty by 89% over the last decade

May 28 2014

Brazil has achieved an 89 percent reduction in the number of its citizen living in extreme poverty in the last 10 years, the country’s minister for social development and hunger alleviation said on Monday.

Minister Tereza Campello praised efforts by the Brazilian government over the last decade during which time Brazil has implemented the world’s largest family income support program, the Bolsa Família, which gives around 50 million people, or one-in-four of the country’s population, a monthly slice of government money.

The official figures were announced at the start of the week-long South-South Learning Forum 2014, which began on Monday with representatives from 50 countries in Rio de Janeiro. Sponsored by the World Bank, the forum will discuss different social protection policies from around the world.

Brazil is planning to launch a new anti-poverty information platform at the end of the forum called World Without Poverty (WWP), an online tool that the South American country is helping to develop that will allow for information exchanges with other nations. Campello said the tool would cut costs and speed the dissemination of information.

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