Extreme poverty very low in Fiji: World Bank
April 16, 2015 9:12 pm
The World Bank says incidence of extreme poverty is low in Fiji with about 5.9% of the population living below the poverty line in 2008.
In its ‘East Asia and Pacific Economic Update’ for this month it says about a 5th of the population lived under the $2 per day poverty.
The Bank says it has been assessed that the incidence of both $2 and $1.25 poverty has declined very little over recent years and some poverty reduction has been achieved in urban areas, where service sector growth has generated new opportunities.
The World Bank says stubborn rural poverty reflects weak agricultural growth and a stagnant sugar sector.
However, it says the Fijian government places considerable importance on poverty reduction through the Poverty Benefit Scheme and supporting income generating activities.