Wisdom Trust Poverty News 11-11-2008
Poverty News.
The Three Major Challenges To Reduce Poverty In Vietnam.
Vietnam, which has made remarkable achievements in poverty reduction over the past decades, is facing three challenges to make further progress, the United Nations Development Programme (UNDP) reported recently.
Firstly, extreme poverty remains heavily concentrated geographically and among ethnic minority groups in Vietnam, and secondly the widening of the economic and social disparities have started to hurt ordinary Vietnamese, according to the Vietnam news agency.
Thirdly, the report revealed that millions of Vietnamese subsist on incomes that are only marginally above the poverty line, and these individuals and households are vulnerable to economic shocks caused by external or domestic factors.
To address these challenges, the report suggests the Vietnamese government take effective control of inflation, which hits low-income households hardest.
It also suggests an improvement to the social assistance in Vietnam by making it available to those poor migrants living in urban areas without residence registrations.
In the medium and long term, the report suggests the Vietnamese government tries to sustain pro-poor and high economic growth, and pursue the development of a comprehensive social security system that ensures a equitable and progressive provision of social assistance.
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Inspirational Quote For Wisdom
In absence of clearly defined goals,
we become strangely loyal to
performing daily acts of trivia.
Author Unknown
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