IDB to support latest Brazilian efforts to combat extreme poverty

The Inter-American Development Bank (IDB) is to provide technical assistance to support Brazil’s efforts to fight extreme poverty, helping the country’s government to measure the development impact of social programmes. The country has just announced a new initiative, the Brazil without Poverty Plan, which will seek to lift more than 16 million Brazilians out of extreme poverty. The bank is also to invest about $6 billion by 2014 to improve infrastructure, such as urban transportation and water and sanitation, in Brazilian cities participating in the football World Cup. The announcement follows the meeting between IDB President Luis Alberto Moreno and Brazilian President Dilma Rousseff at the end of June.

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