Abstract
There is no doubt that Latin America is on track to meeting its commitment to halve the 1990 extreme poverty rate by the 2015 target deadline. The most recent estimates by the UN Economic Commission for Latin America and the Caribbean (ECLAC) show that some 14 million Latin Americans escaped from poverty in 2006 and another 10 million are no longer destitute. The number of poor people stands at 36 per cent of the population (194 million) and those living in indigent conditions at 13.4 per cent (71 million); during 2007, these figures are likely to drop to 190 million and 69 million, respectively. For the first time since 1990, the total number of people living in poverty in the region has dropped below 200 million.
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