The Indec statistics agency reported a significant reduction in poverty levels in Argentina, with the percentage of the population living in poverty dropping to 38.1 percent in the second half of 2024, a decrease of 14.8 points since the beginning of the year.
According to the latest report from the Indec statistics agency, Argentina experienced a notable decrease in poverty levels during the latter half of 2024. Following a significant rise in poverty at the onset of President Javier Milei’s administration, the data revealed that the percentage of the population classified as living in poverty decreased to 38.1 percent. This figure reflects a decline of 14.8 points from the first half of the year, indicating a positive trend in economic conditions.
The reduction in poverty levels in Argentina during the second half of 2024 signals potential economic stabilization under President Javier Milei’s leadership. The decline from 52.9 to 38.1 percent demonstrates a significant improvement in living standards for many citizens, suggesting that measures implemented by the new administration may be addressing economic challenges effectively.
Original Source: www.annistonstar.com
