World Bank leaders set goal on poverty.

Officials aim to reduce extreme poverty to three per cent globally by 2030.

from Reuters

"Global finance officials endorsed a new World Bank goal to end extreme global poverty by 2030 and emphasized that its focus should be on ensuring that the poorest benefit from strong growth and rising prosperity in developing nations.

"'For the first time in history we have committed to setting a target to end poverty,' World Bank President Jim Yong Kim said on Saturday following a meeting of the World Bank's Development Committee. 'We are no longer dreaming of a world free of poverty; we have set an expiration date for extreme poverty,' he added. …"

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