The South African government has welcomed the findings of the latest Poverty Trends report released by Statistics South Africa, highlighting a significant decline in the nation's poverty levels over the past seventeen years, Cape town Etc reports.
This report marks a milestone in the country's ongoing mission to alleviate poverty, improve living conditions, and foster inclusive development for all citizens.
According to the newly released data, the proportion of South Africans living below the Lower-Bound Poverty Line LBPL of R1,300 per person per month in 2023 prices has decreased to 37.9 in 2023.
