Official reports show that poverty in Argentina decreased sharply in the second half of 2024, dropping to 38.1% after rising significantly earlier in the year due to Javier Milei’s presidency.
Argentina experienced a notable decrease in poverty rates during the latter half of 2024. Official statistics released by the Indec agency indicate that the percentage of the population living in poverty declined to 38.1%. This reduction marks a significant drop of 14.8 percentage points compared to the poverty rates observed in the first half of the year, which spiked following the inauguration of President Javier Milei.
The latest statistics reveal that the decline in inflation has directly contributed to a substantial reduction in poverty levels within Argentina. The shift from higher poverty rates earlier in the year to a notable decrease demonstrates the effects of economic policies under Javier Milei’s administration.
Original Source: www.annistonstar.com
