Monday 14 June 2021

Poverty in Argentina Surged to 32.9% in the Last Year

In the past year, indigence increased from 5.3% to 6.9%, reaching 2.7 million Argentines; about 13 million now below the poverty line.

Q24N (Prensa Latina) In the last year, poverty surged to 32.9 % in Argentina, affecting 1.5 million more people, according to a report from the Catholic University”s Social Debt Observatory.

‘From 2016 the impact of devaluation, anti-inflationary measures, the adverse international context and the lag of private and public investment would have generated a critical scenario, even more recessive and adverse in terms of employment and purchasing power for large social sectors,’ the Observatory pointed out.

- Advertisement -

According to the report poverty rates rose from 29% at the end of 2015 to 32.9% in the third quarter of 2016, which means 1.5 million new poor people, about 13 million below the poverty line, the highest levels since 2010.

Indigence increased from 5.3% to 6.9%, reaching 2.7 million Argentines, according to the study, which stated that to be above that scale a family must receive more than 2,200 pesos a month (some 150 dollars).

The biggest impact of the increase in poverty was the result of the inflationary shock, Agustín Salvia, head of the Observatory, told the press.

‘Persistent inequality and structural poverty are the result of a concentrated and unbalanced economic-productive model with effects of exclusion and inequality at the socio-labor level,’ he added.

- Advertisement -

After hearing these results, the Government issued today a decree in the Official Gazette, which extends the social emergency until December 31, 2019.

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

MOST READ

Today’s Vehicle Restriction: June 13, “EVENS”

Today, Sunday, June 13, only EVENS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

Tilaran, where the wind blows

QCOSTARICA - For years, Tilarán has seen the transit of tourists heading towards Lake Arenal, the homonymous volcano and La Fortuna or towards Monteverde. At...

Today’s Vehicle Restriction: June 8, “ODDS”

Today, Tuesday, June 8, only ODDS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

Today’s Vehicle Restriction: June 9, “EVENS”

Today, Wednesday, June 9, only EVENS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

eHow to Become Successful in Online Casino Betting 

To become a successful gambler in the online industry, there is a lot to cover. It can be known to be a vastly different...

Today’s Covid News: Restrictions allowed a decrease in Covid-19 and prevented hospital collapse

QCOSTARICA - A moderate decline in new cases for the third consecutive week allowed the hospital system to avoid the dreaded collapse and rapid...

On Monday the vehicle restriction will change, again

QCOSTARICA - In times of pandemic, things change constantly, especially when it is necessary to tighten the belt to reduce the contagion of covid-19. The...

Today’s Covid News: A slight drop in new cases and deaths is seen

QCOSTARICA - Faced with wasting a vaccine dose when people in the priority groups scheduled do not show up, and a substitute cannot be...

The US improves travel alerts for Central America; Not Costa Rica and Nicaragua

QCOSTARICA - The United States has eased travel advisories for most Central American countries, with the exception of Costa Rica and Nicaragua, according to...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.