Global poverty rate to fall below 10 percent for first time in 2015 - World Bank

WASHINGTON: The number of people living in extreme poverty around the world is likely to fall to below the 10 percent of the global population in 2015, according to a forecast released by the World Bank Sunday.

The forecast used a new international poverty line of 1.9 U.S. dollars/day, an upgrade from the previous line of 1.25 U.S. dollars/day, which was set in 2005.