In the second half of 2024, Argentina’s poverty rates fell significantly to 38.1 percent, down 14.8 points from earlier in the year, according to the Indec statistics agency. This decline follows a period of increased poverty during Javier Milei’s presidency.
Recent official statistics indicate a significant reduction in poverty levels in Argentina during the latter part of 2024. The data, released by the Indec statistics agency, reveal that the percentage of individuals living below the poverty line decreased to 38.1 percent between June and December. This represents a notable decline of 14.8 percentage points compared to the first half of the year, which experienced a sharp rise in poverty under Javier Milei’s presidency.
In conclusion, Argentina has witnessed a marked decrease in poverty levels in the latter half of 2024, attributed to falling inflation. The statistics from the Indec agency highlight a significant recovery, with a 14.8-point drop in poverty rates since the start of the year. This development represents a pivotal change for the nation under the current administration.
Original Source: www.annistonstar.com
