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1.5 Million Lifted Out of Poverty in Ecuador under Correa

Quito, January 26 (teleSUR-RHC)-- The Ecuadorean National Secretariat for Planning and Development has announced that between 2007 and 2014, over 1.5 million people have been lifted out of poverty in the South American country. These years coincide with the administration of Rafael Correa and the policies of what is known as the Citizen's Revolution, which recently celebrated eight years of government.

“The model of government has radically changed,” said Pabel Muñoz, the national secretary for planning and development. The government of Rafael Correa has also dramatically reduced inequality in the country, with the gap between the richest and poorest in the country shrinking.

The 1.5 million lifted out of poverty represents a drop of 14 percent in the poverty rate in the country, with extreme poverty dropping 8 points from 16.5 percent to 8.6 percent.

The country has also seen important progress in the field of education, with primary school attendance increasing from 92 percent in 2007 to 96 percent in 2014. There has also been an increase of approximately 1 million more Ecuadoreans enrolled in public education.

Ecuador is now a leader in public investment in the region. Whereas in 2006 social investment constituted the equivalent of 3.6 percent of GDP, social investment is now the equivalent of 11 percent of GDP.

“This is just an example of the achievements of our government, which have been made possible because we have put capital at the service of the people and not the other way around,” said Muñoz.

Edited by Ivan Martínez
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