Poverty in Peru reduced to 36.2% last year

A report from Peru’s National Institute of Statistics and Informatics (INEI) states that last year poverty in Peru was reduced by 3.1% - from 39.3% in 2007 to 36.2% in 2008.

According to INEI, in 2007, poverty dropped by 5.2%, from 44.5% (2006) to 39.3% (2007).

The World Bank reported that progression of poverty reduction figures presented by Peru have a reasonable precision, because in last 4 years the country has kept a method of calculation comparable in time.

These studies were supervised by an Advisory Committee comprised of representatives from government institutions, the academic community, think tanks and international organizations such as the World Bank, the Inter-American Development Bank and France’s Institute for Research on Development.

Source: Andina News Agency