From Struggle to Success: Paraguay’s Remarkable Journey to Slash Poverty from 50% to 16% in Just 20 Years
Image Credit: nmcandre/123rf.com In a remarkable turnaround, Paraguay has significantly reduced its poverty rate from over 50% in 2005 to 16% by 2025. This substantial decline has lifted around 300,000 individuals out of poverty in just the past two years, according to a World Bank analysis published in April 2026. The report attributes this achievement…