Two out of every 10 people are poor; this corresponds to 19% of the Panamanian population. This is revealed by the multidimensional poverty index, which indicates that the population is lacking in areas such as education, health, sanitation, housing and work.
Since June, the Panamanian government is part of the list of countries adopting the Multidimensional Poverty Index, a tool developed by the University of Oxford, in order to measure the various deprivations, beyond income, that make a home live in conditions of poverty.
This index is composed of dimensions such as education; housing and basic services; environment, surroundings and sanitation; work and health.
The founder and director of the Oxford Poverty and Human Development Initiative, Sabrina Alkire, assures that eradicating poverty is not only a task of the government. She also added that these analyses help public policies to improve the plan to minimize of the combinations of shortcomings.
Furthermore, the report published by the Organization for the Economic Cooperation and Development (OCDE) identifies the areas to be fostered for inclusive economic growth. The document coincides with the multidimensional index, highlighting sectors such as education and health as engines to continue with development and includes the housing, infrastructure and transport sectors as additional factors that lead to economic improvements.
'Many of those who escaped poverty in recent years are still vulnerable and an economic slowdown would make them return to poverty. In addition, the expansion of the middle class expresses new and changing demands for public services, including education, health, housing, infrastructure and transport, "said Mario Pezzini, director of the OCDE Development Center.