The official poverty rate continued to decline throughout the CPS period, reaching 14
percent of population by 2014. Poverty reduction occurred in tandem with the robust economic
growth. It was also accompanied with a decline in inequality according to official data. During
2001-2014, the (official) Gini index declined from 39 to 29 percent. Furthermore, aggregate data
provided by the government indicates that the bottom 40 percent saw a disproportionate increase
in expenditures per capita during 2008-2014.
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