World Bank head says poverty can end in 15 years

AP News
Posted: Oct 16, 2015 1:21 PM

ACCRA, Ghana (AP) — The president of the World Bank Group says global cooperation is needed to end poverty in the next 15 years.

Jim Yong Kim said Friday that the world is capable of ending extreme poverty if countries enact necessary reforms to spur growth and invest in their people, providing insurance that they won't fall back.

Kim spoke during a visit to Ghana's capital Accra for the International Day for the Eradication of Poverty. He said the number of people earning less than $1.90 a day is likely to fall to 9.6 percent this year.

Kim also said that global transparency is needed to fight the trend of illicit flows of money that affect poverty.

Ghana's President John Dramani Mahama said Africa needs programs that help develop agriculture to create jobs.