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World Bank Urges Faster Reduce Poverty Ri

World Bank Urges Faster Reduce Poverty RI.

The World Bank urged the Indonesian government to more quickly reduce the national poverty rate to 10% next year.

“In order to achieve the goal of poverty reduction, the government of Indonesia should be immediately reduced the poverty level in 2014 to 8-10%,” said World Bank economist Jim Brumby in Jakarta, Monday (18/03/2013).

Based on data from the World Bank, the poverty rate in Indonesia is continue to decline, although somewhat slow. In September last year, the poverty rate hit 11.7%, down from 12.5% in the period 2011.

“But the level of vulnerability remains high with nearly 40% of the population with consumption below 1.5 times the national poverty line,” he explained.

The slow pace of poverty reduction, continued Jim, associated with the growth of gross domestic product (GDP) which accompanied the weakening of the rupiah. The condition was thought to go cut rate increase when measured in current U.S. dollars.

According to figures from the Central Statistics Agency (BPS), GDP per capita in 2012 was U.S. $ 3,563, an increase of only 1.8% from 2011, which amounted to U.S. $ 3,498 when the growth rate reached 17.5%.

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