Pro-poor spending reduces poverty in Ethiopia

The World Bank has released the Ethiopia Poverty Assessmenta country with one of the highest poverty rates in the world in 2000. Today, the country has seen a 33% reduction in poverty (down from 44% in 2000) thanks to agricultural growth and pro-poor spending. Additionally, Ethiopia is one of the most equal countries in Africa, and has been able to maintain low levels of inequality in conjunction with economic growth and development.