Poverty action groups such as Oxfam hail the World Bank’s commitment to halve poverty in seven years but criticize its focus on private sector input.
The World Bank’s commitment to halve extreme poverty by 2020 has been welcomed by leading non-government organizations, although one of the most influential charities gave a lukewarm reception to the bank’s focus on the private sector.
Winnie Byanyima, the executive director of Oxfam International, said she had reservations about how the Bank intended to achieve the objective, given its focus on mobilizing and enabling the private sector.
