Question: Why do income transfer programs reduce poverty? Discuss with reference to a particular program or program type, like what the impact of EGS anti-poverty program.

Why do income transfer programs reduce poverty? Discuss with reference to a particular program or program type, like what the impact of EGS anti-poverty program.

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Introduction Majority of individuals actually know that the poor within the society usually get assistance from the public and the government However there are other income transfer programs established by the government to help reduce the poverty levels in different countries around the world Poverty is a serious issue in many societies since there are many individuals who have lost their lives due to poor living standards The establishment of cash transfer programs is essential since it helps to reduce the poverty level in different societies around the globe Nevertheless despite the fact that different governments tries to improve the living standards of its citizens in order to reduce poverty through the income transfer programs there have been numerous challenges that have been faced in the process of executing such measures Income transfer programs have assisted many individuals to raise their level of income hence significantly reducing the poverty level within the country The issue of inflation has negatively impacted the living standards of many individuals who have been subjected to high poverty level hence it is essential for the government to establish ... View full answer

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