Kristalina Georgieva shared her perspectives on the progress of the world’s economic development during a George Talks Business event.
There is a lot to celebrate in worldwide poverty eradication, World Bank CEO Kristalina Georgieva said during a George Talks Business event on Monday, but there is still a long way to go.
In 1990, 36 percent of the world lived in extreme poverty, Dr. Georgieva said, and 2018 estimates show the world poverty level at just over 8 percent.
“Well more than 1.1 billion people have pulled themselves out of poverty, and I am proud to be part of this journey.” Dr. Georgieva said. “If you happen to be one of the nearly 700 million people that still live in extreme poverty today, this success means nothing to you.”
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