MAPUTO, December 21, 2016 – Poverty in Mozambique has fallen but not nearly quick enough, according to a new World Bank report. Official data shows that poverty fell from 69.7% in 1996 to 46.1% in 2015 but for each percentage point of economic growth between 1996 and 2009, poverty only reduced by 0.26 percentage points. This is nearly half as fast as what Sub-Saharan Africa has achieved relative to the same level of growth (0.5 percentage points).
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