Poverty and poverty reduction in Guyana

There is no dispute that much poverty still exists in Guyana. Its existence and alleged absence of solutions to relieve it were among the highlights of the Budget Debate last week, uninspiring as many of the speeches were. 

The United Nations has more experience than any other international agency in the study, measurement and eradication of poverty. It has embarked on the Third United Nations Decade for the Eradication of Poverty (2018-2027), having completed a first and a second decade. In its recent reports tracking poverty rates, the UN has used earnings of below US$1.90 per day as the basis of measuring poverty. Those living on less than US$1.90 per day are considered as living below the poverty line. Numerous measures have been discussed and debated over decades to lift people above the poverty line, and prior to the Covid-19 pandemic, great successes had been achieved in reducing poverty.