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Thursday 18 September 2014

Gates says few poor nations by 2035

Published 22/01/2014 | 03:47

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Philanthropist Bill Gates argues against three myths he says hurt efforts to bring people out of poverty (AP)

Bill and Melinda Gates are optimistic about the future for the world's poor and say three myths are hampering efforts to fight disease and poverty.

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In sixth annual letter published by their foundation yesterday, Bill Gates writes that the first myth floated by some is that poor countries are doomed to stay poor.

The Microsoft philanthropist says that is not true and predicts that by 2035 there will be almost no poor countries left in the world.

In an interview in New York City, he says the second myth is that foreign aid is wasteful.

Melinda Gates writes the case against the third myth, that saving lives leads to overpopulation.

The Seattle, Washington-based Bill & Melinda Gates Foundation is the world's largest charitable foundation, paying out 28.3 billion dollars (£17 billion) in grants since its inception 13 years ago.


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