Recently, Mongolia’s poverty rate was dropped 27.4% to 21.6% in 2012, and it was shown in livestock incomes, pensions and real wages. But the James Anderson, the World Bank’s representative to Mongolia, said that they have to finish the extreme poverty of Mongolia, poverty still harass one in five people and still vulnerable. This reduction in poverty was by continued growth in livestock incomes in the Highland regions which benefited from government funds under the livestock incentives schemes.
In my opinion, no matter how is the percentages of poverty, but people who are in the poverty practically, they cannot get out of that loop of poverty. In this article, because of government, the poverty rate is reduced. But government and national organization have to help people who are in the urban areas. I know they are helping already as possible as they can, but they should not have easy mind with the rate.