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COSTA RICA SEES ACCELERATED POVERTY REDUCTIONS.

Publication: NotiCen: Central American & Caribbean Affairs
Publication Date: 15-NOV-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Surpassing government expectations, poverty in Costa Rica declined by 3.5% during 2007. President Oscar Arias had made a campaign promise to reduce the index by 4% by 2010, the end of his term. "In the political campaign, we said we were going to try to reduce poverty by four points by 2010, one point per year. In the first year, we have succeeded in reducing it by 3.5 points. This encourages us to think that we are going to continue reducing it and that we will exceed the goal," he said.

The Encuesta de Hogares 2007, an annual poll by the Instituto Nacional de Estadistica y Censos (INEC), a state agency, found 16.7% of Costa Rican homes met the criteria for poverty, down from last year's 20.2%. The new figure breaks down to 13.4% non-extreme poverty and 3.3% extreme poverty. For 2006, those figures were 14.9% and 5.3%. The survey was taken in July, involving 14,500 homes. When Arias assumed...

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