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Poverty is Achilles tendon of Panama: World Bank

Wednesday, August 1, 2012

Rural poverty appears to be the Achilles tendon of Panama's vibrant economy, the World Bank says in a study.

The report, published this week, says that improvements in poverty levels have been minimal. Acute poverty remains at 15 percent, it adds.

Poverty goes hand in hand with low educational levels, the report says. The school system needs to be considerably improved if economic growth is to be sustained, the report says.

Full story: in Spanish