Saturday, October 04, 2008

Poverty to increase this year

(Photo: REUTERS/Juan Carlos Ulate)(La Nacion) - President Oscar Arias warned that poverty is increasing in Costa Rica this year. The main reason for the negative trend, he explained, is the increase in the prices of food, which will also affect different Latin American nations. Dr. Arias said he was very pleased in 2007, when the level of poverty was lowered by 3%, but that this year he feels sorry because the opposite is most likely to happen. From 2006 to 2007, the growth of the economy, the lower inflation, and state aid lowered overall poverty from 20.2 percent to 16.7 percent, which was the lowest level in the last 30 years. The cabinet’s social coordinator and Minister of Health Dr. Maria Luisa Avila said that proper actions are underway to lessen the impact of poverty.

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