According to a new report on the Millennium Development Goals, Asian countries have experienced a significant drop in extreme poverty.

Rapid economic growth has spurred progress in the eradication of extreme poverty and hunger in Asia, where the proportion of people living on a dollar a day has been cut by half, but inequality is also growing in parts of the region, says a United Nations report released today in Bangkok.

The Millennium Development Goals (MDGs) Report 2007 comes at the midpoint of a 15-year effort to reach those key development objectives that world leaders set at a 2000 UN summit.

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