USD4.1 million programme launched to assess poverty in the Caribbean

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CASTRIES, St. LUCIA- Across the Caribbean, policymakers rely heavily on the availability of timely, accurate and reliable poverty data to support national and regional development initiatives. Despite making considerable progress on how they measure poverty, many countries in the Region do not frequently update or report on key poverty indicators, and are not able to assess the non-income dimensions of poverty and human development.

On Tuesday, July 26, 2016 in Saint Lucia, the Caribbean Development Bank (CDB) launched a programme designed to address these challenges, and improve the way its 19 Borrowing Member Countries (BMCs) assess poverty and gain access to data from these assessments.

CDB is supporting the Programme through a total investment of USD 4.1 million. It will be conducted over a five-year period.The Programme will enhance the capacity of CDB’s BMCs to conduct multidimensional poverty assessments. (CDBnews)…[+]