RIO DE JANEIRO, BRAZIL - The Bolsa Família (Family Allowance) program reduced extreme poverty rates by a quarter (25 percent) and poverty rates by fifteen percent. The report is from the IPEA ("Institute of Applied Economic Research") which analyzed the progress of the living conditions of the most impoverished between the years of 2001 and 2017.
"In 2017, the program's transfers lifted 3.4 million people out of extreme poverty and 3.2 million out of poverty," states a study published this week and available on the Internet.
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