credit to www.panama-guide.com
PANAMA (AP). In the past five years, poverty in Panama declined four percentage points, according to a study released Tuesday. The living standards survey conducted by the Comptroller General and assisted by the World Bank found that poverty level was 32.7% in 2008, while in 2003 poverty was estimated at 36.8%. Extreme poverty levels fell from 16.4% to 14.2%. The figures show that poverty “has been declining gradually in the last period from 2003 to 2008 has fallen 4% which is good,” said Panama’s comptroller Carlos Vallarino during the presentation of the survey results. More