Two-thirds of developing countries are on track or close to meeting the Millennium Development Goals (MDGs), according to the World Bank and IMF’s latest update on progress toward the 2015 targets.
Developing countries will likely achieve the MDGs for gender parity in primary and secondary education and for access to safe drinking water, and will be very close on hunger and on primary education completion. Progress is too slow, however, on health-related outcomes such as child and maternal mortality and access to sanitation—the world will likely miss these MDGs by 2015.
On the whole, the fight against poverty is progressing well. Based on current economic projections, the world remains on track to reduce by half the number of people living in extreme poverty. The number of people living on less than $1.25 a day is projected to be 883 million in 2015, compared with 1.4 billion in 2005 and 1.8 billion in 1990. Much of this progress reflects rapid growth in China and India, while many African countries are lagging behind: 17 countries are far from halving extreme poverty, even as the aggregate goals will be reached.