Paraguay's Remarkable Turnaround: A Nation Lifts Millions Out of Poverty
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In a striking success story, Paraguay reduced its poverty rate from over 50 percent to just 16 percent over the past two decades, lifting roughly a third of the country's population to better circumstances. The progress accelerated in recent years, with around 300,000 additional people escaping poverty in the last two years alone, according to World Bank analysis.
In a striking success story, Paraguay reduced its poverty rate from over 50 percent to just 16 percent over the past two decades, lifting roughly a third of the country’s population to better circumstances. The progress accelerated in recent years, with around 300,000 additional people escaping poverty in the last two years alone, according to World Bank analysis.