Poverty rate in Sri Lanka reduced to 8.9%
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- Published on Friday, 09 November 2012 17:20
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Poverty in Sri Lanka, which records the highest human resources development among the SAARC countries, has been reduced significantly.
Senior Minister for International Monetary Cooperation and the Deputy Minister of Finance Dr. Sarath Amunugama said that Sri Lanka has the highest index on human resources development and the poverty in the country has been reduced significantly.
The Minister made these comments participating in the 2nd reading debate of the 2013 Budget in the Parliament today.
The Minister said that the SAARC report has also commended about educational development in Sri Lanka and said that the report has also claimed that there is a commendable social revolution and social development in Sri Lanka.
The Minister said that all Sri Lankans should be proud of the educational and health facilities development in the country and for being able to reduce the child mortality rate, and increase the life expectancy.
He said that the national poverty rate which was 26.1% in 1991 has been reduced to 8.9%. He said that this is a significant achievement. (niz)
