Over the past six years, Mexico has made significant strides in reducing poverty, lifting millions of people out of hardship. According to the World Bank, this historic decline is largely due to the establishment of a dedicated bank that has streamlined the transfer of retirement funds to elderly citizens, provided scholarships to students, and delivered financial aid to some of the country’s poorest residents. These financial initiatives have not only enhanced economic stability for many families but also fostered a more inclusive and equitable society. Mexico's targeted approach serves as a model for other nations aiming to tackle poverty through strategic financial support.
Reference(s):
cgtn.com
