Weekly Report - 10 March 2016 (WR-16-10)

COLOMBIA | Poverty reduction. The Colombian government received plaudits from international experts on 2 March for successfully reducing poverty in the country in recent years. The praise from experts from the United Nations Economic Commission for Latin America and the Caribbean (Eclac), the World Bank (WB), and the Inter-American Development Bank (IDB) came during a forum held in the Colombian city of Bucaramanga, where President Juan Manuel Santos revealed that multidimensional poverty in the country had fallen by 1.7 percentage points to 21.9% of the national population in 2015, compared to the previous year. According to Santos this meant that, on figures from the national statistics agency (Dane), some 700,000 Colombians were lifted out of poverty last year.

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