The World Bank has called on Indonesia to expand its poverty eradication efforts to protect millions of citizens it says are in danger of falling back into poverty, despite the country’s achievements in improving a lot for its people over the past decades.
Millions of Indonesians at risk of falling back into poverty, World Bank warns Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
The Indonesian government has achieved its aspiration to transition from a low-income to a middle-income country. Impressive development progress to date has allowed Indonesia to effectively address its 2024 goal to eradicate extreme poverty. Poverty-reduction has been broad-based, with growth in the Indonesian economy remarkably inclusive, but a third of households remain susceptible to falling into poverty upon a shock. Levels of inequality have also decreased across the country, though rural regions in Nusa Tenggara and Maluku Papua remain behind especially in human capital outcomes.