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In May 2011, U Myint proposed the creation of an independent research center, the Myanmar Development Resource Institute (MDRI), in a paper entitled “Reducing Poverty in Myanmar: The Way Forward,” to combat poverty. [9] The institute was then founded by U Myint and other advisors to President Thein Sein. [10]
Poverty Reduction Strategy Papers (PRSPs) are documents required by the International Monetary Fund (IMF) and World Bank before a country can be considered for debt relief within the Heavily Indebted Poor Countries (HIPC) initiative. [1] [2] PRSPs are also required before low-income countries can receive aid from most major donors and lenders. [2]
Several Canadian provinces are introducing poverty reduction strategies, following the examples set by the European Union, Ireland and the United Kingdom. Newfoundland & Labrador, Nova Scotia, Quebec, Ontario and Manitoba are all developing provincial strategies. Quebec and Manitoba have enshrined their efforts in legislation.
The United Nations chief renewed an urgent call to the international community Thursday to seek a unified strategy to end the worsening crisis in Myanmar. Secretary-General António Guterres said ...
In December, the World Bank had projected Myanmar's economy would grow by around 2% during the current fiscal year, after estimated GDP growth of 1% in the year that ended in March 2024. "The ...
Once considered among the most promising economies in Southeast Asia, Myanmar is now suffering from soaring levels of poverty as a devastating civil war drives tens of millions further into ...
Poverty reduction, poverty relief, or poverty alleviation is a set of measures, both economic and humanitarian, that are intended to permanently lift people out of poverty. Measures, like those promoted by Henry George in his economics classic Progress and Poverty , are those that raise, or are intended to raise, ways of enabling the poor to ...
As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions." [11] "National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates ...