Poverty Reduction and Promotion of Social Equity. Strategy Document
By SDS (07/03, GN-1894-7, En, Es)
The strategy document (GN-1894-7) was favorably reviewed by the IDB Board of Executive Directors on July 23, 2003.
The objective of the Strategy for Poverty Reduction and Promotion of Social Equity, in a manner consistent with the Bank?s Eighth Capital Replenishment and Institutional Strategy, is to promote faster progress in the reduction of poverty by tackling its root causes and fostering inclusion and greater social equity, as an essential element of development. The current strategy updates the previous poverty reduction strategy (GN-1894-3), which was approved in 1997. It identifies the actions that the Bank should take to optimize its support to the borrowing countries in order to reach the Millennium Development Goals. Of particular concern is the goal of reducing in half the number of people living in extreme poverty by 2015, with respect to 1990. The strategy highlights key actions in the four sector priority areas?competitiveness, social development, modernization of the State and regional integration. The intent of these actions is to improve the living conditions of the population living in poverty.
Last updated: 04/26/07
