From New Vision

Uganda has the least number of poor people in East Africa, according to a new report published by the World Bank and the International Monetary Fund (IMF).

The Global Monitoring Report 2013 shows that Kenya, whose economy is much larger than that of Uganda, has more poor people.

This year’s poverty level scoring was based on the number of people living below $1.25 (about sh3,172) a day unlike previous studies, which considered $1 (about sh2,537).

Consequently, Uganda recorded a success story in the region with 38.01% poverty level compared to Kenya’s 43.37%.

Rwanda comes third with a poverty head count of 63.1%. Poverty levels are highest in Tanzania and Burundi at 67.87% and 81.32% respectively.

Read more at newvision.co.ug