Botswana third most unequal country in the world � Report

Thursday, December 10, 2015

Improved social welfare in the rural areas has seen inequality levels in Botswana declining, but more needs to be done as the disparity between the rich and the poor is still the third highest in the world, the World Bank has advised.

Despite significant economic growth in the past decades, the World Bank says striking disparities remain among socioeconomic groups in income, wealth and living standards.

In a Poverty Assessment report released this week, the bank said although inequality, as measured by the Gini coefficient, has fallen, it is still among the highest in the world, trailing only two countries.

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Botswana third most unequal country in the world � Report

Improved social welfare in the rural areas has seen inequality levels in Botswana declining, but more needs to be done as the disparity between the rich and the poor is still the third highest in the world, the World Bank has advised.