What's right: Brazil's succesful poverty fight

ARA City Radio

Brazil has made significant strides in reducing poverty, lifting 8.7 million people out of poverty in just one year, according to the Brazilian Institute of Geography and Statistics (IBGE). Between 2022 and 2023, the number of people living in poverty fell from 67.7 million to 59 million, while extreme poverty dropped from 12.6 million to 9.5 million—the lowest figures since records began in 2012. Despite this progress, about 27% of Brazil’s 216 million population still live in poverty. Key to this success is the Bolsa Família program, a social welfare initiative that provides financial aid to low-income families, conditional on their children attending school and being vaccinated. This approach not only offers immediate relief but also breaks the cycle of poverty by promoting education and health. Introduced in 2003, the program has been praised for improving living standards and reducing hunger across Brazil. President Luiz Inácio Lula da Silva has prioritized combating poverty and hunger, bringing the issue to global platforms like the G20. Brazil’s progress stands out, especially as poverty rates rise in other regions. Alongside Bolsa Família, economic recovery and job market improvements have boosted household incomes by 7% over the past year.