The time to end poverty is right now | Bangkok Post: opinion

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The time to end poverty is right now

  • Published: | Viewed: 931 | Comments: 2
  • Newspaper section: News
  • Writer: Jim Yong Kim
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At this moment, more than a billion people live on less than US$1.25 (39 baht) a day. That is a stain on our moral conscience. We must help lift people out of poverty without delay, without prejudice, no matter the circumstance, no matter the locale. 

Just six months ago, the World Bank Group endorsed two goals: the first is to end extreme poverty by 2030; the second is to boost shared prosperity for the bottom 40% of the population in countries.

Reaching our first goal _ ending extreme poverty by 2030 _ will be historic and extraordinarily difficult. We are making progress, but nothing is assured in the battle against poverty, and it will get much tougher the closer we get to the goal. Global growth could slow. Investors could become even more skittish. Long-term financing for much needed infrastructure _ already scarce _ could dry up.

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