A report from the World Bank highlights that Mexico has managed to reduce poverty in recent years, although at a slower pace than other similar countries. It mentions that a sustained economic growth of 2% of annual GDP between 2024 and 2030 is necessary to effectively eradicate poverty in the country. If GDP per capita were to grow by 2% annually during this period, the poverty rate would decrease from 21.8% to 15.4%.
This report emphasizes the importance of improving access to social security and health services, as well as investing in physical and social infrastructure to reduce the vulnerability of the population to the effects of climate change. It highlights that around one-third of the Mexican population is exposed to severe climate phenomena, which jeopardizes progress in the fight against poverty.
Regarding social programs, their crucial role in poverty reduction is emphasized, and it is mentioned that Mexico has programs that have achieved significant advances, although there are still opportunities to expand their impact by strengthening their coverage and efficiency.
The report suggests a redesign of these programs to reach a larger number of people and make them more progressive, which could enhance advances in the fight against poverty. Additionally, it mentions the importance of ensuring that young people acquire the necessary skills to access better economic opportunities, which requires strengthening the retention and quality of education from basic levels to higher education.
