The study explores the complex linkages between poverty, economic growth, and inequality from 1979 to 2002. Using time‑series data and a multi‑variate regression framework, it estimates poverty elasticity with respect to growth and inequality, and identifies macroeconomic and structural correlates of inequality. The findings confirm that inequality strongly influences poverty reduction, with inflation, wage gaps, and sectoral terms of trade worsening disparities, while progressive taxation, investment, and social spending help mitigate them.