Prosperity for All: Ending Extreme Poverty, April 10, 2014

“By 2010, global extreme poverty had declined to 17.7 percent, leaving still more than 1.2 billion people confined to live on less than $1.25 a day. In 1990, an estimated 1.9 billion people (or 36 percent of the world’s population) were living in extreme poverty. To stay on track to meet the goal of ending extreme poverty by 2030, identify the need for course corrections, and maintain momentum, the WBG also set an interim target of reducing poverty to below 9 percent by 2020. If achieved, this would mark the first time extreme poverty has fallen into the single digits and an additional half billion people will have been lifted out of extreme poverty between 2010 and 2020. However, even if this interim target were to be met, 690 million people would continue to live on less than $1.25 a day.”