The latest comprehensive data from 2013 showed that 767 million people were living on less than $1.90 a day, a decrease from 881 million the previous year, with the most significant income improvements in Asia. World Bank President Jim Yong Kim stated that it is impressive that countries have managed to decrease poverty and increase shared prosperity despite global economic challenges. The new statistics demonstrate progress in assisting the poor over the last 25 years, with nearly 1.1 billion fewer people living in poverty in 2013 compared to 1990, despite population growth. These findings bring the world closer to achieving the United Nations' goal of eradicating extreme poverty by 2030. The objective is a part of the Sustainable Development Goals, which consists of 17 goals aimed at addressing poverty, inequality, and climate change. However, achieving this objective will also involve addressing long-standing inequality, according to the Bank. Francisco Ferreira, a senior adviser at the World Bank's Development Research Group, stated that meeting the international community's goals by 2030 will require addressing inequality and promoting more inclusive growth. The Bank reported that income inequality had increased between 1988 and 2013. Nevertheless, recent data indicates that inequality has decreased in over 40 countries, including Brazil, Peru, Mali, and Cambodia. Half of the world's population living in extreme poverty resides in Sub-Saharan Africa, while one third of the global poor are located in South Asia. The Bank stated that poverty reduction efforts have been most successful in East Asia and the Asia Pacific regions, specifically in countries such as China, Indonesia, and India. The Bank also reported that in 2015, the number of people living in extreme poverty was estimated to fall below 10 percent of the world's population for the first time.