New World Bank Group Strategy to help Brazil lift 16 million from extreme poverty by 2014

A new World Bank Group initiative will help Brazil’s efforts to eradicate extreme poverty in the country, the World Bank announced from WASHINGTON on 1 November 2011. 

The Bank’s Board approved a US$ 8 billion Country Partnership Strategy (CPS) for Brazil , which will guide the Group’s overall program in the country for the fiscal years 2012-2015. The strategy calls for close co-ordination with Brazil’s new national extreme poverty eradication program, Brasil sem Miséria, which  aims to improve social and economic opportunities for 16 million of the country’s most vulnerable people . .. READ MORE.