By Ms. Deidre Clarendon, Division Chief, Social Sector Division, Caribbean Development Bank
From the document:
...CDB is pleased to have supported the conduct of the second Country Poverty Assessment (CPA) for the Turks and Caicos Islands and to hand-over the Final Report of May 2014, to the Government.
As you are aware, the CPA, was funded with a grant of more than $130'000 that included support for the 2012 Census. It involved an assessment of the social and economic conditions of the country using a household survey, and qualitative research methods that reviewed the operations of several agencies that provide services to the poor and vulnerable and catalogued the experiences of persons that suffer social and economic hardship...
Among some of the key findings of the CPA are the following:
Notwithstanding, the economic challenges of the last few years, the level of poverty in TCI, was lower than it was in 1999. In 2012, 22 percent of the population and 16 percent of households were living in poverty, compared to 26 percent and 18 percent respectively in 1999.
However, because of the increased population, the number of poor people in 2012 (6'800), was about twice that of 1999 (3,900).