Close Menu
    Trending
    Tuesday, January 21
    The Guardian

    Poverty in Argentina soars to over 50% as Milei’s austerity measures hit

    [ad_1]

    Far-right president has been battling inflation by imposing steep cuts in spending, resulting in widespread povertyArgentina’s poverty rate has soared to almost 53% in the first six months of Javier Milei’s presidency, offering the first hard evidence of the far-right libertarian’s tough austerity measures are hitting the population.The new poverty rate, reported by the government’s statistics agency on Thursday, is the highest level for two decades, when the country reeled from a catastrophic economic crisis, and means 3.4 million Argentinians have been pushed into poverty this year. Continue reading…

    [ad_2]

    Source link : https://www.theguardian.com/world/2024/sep/27/poverty-rate-argentina-milei

    Author : Harriet Barber in Buenos Aires

    Publish date : 2024-09-27 20:36:20

    Copyright for syndicated content belongs to the linked Source.

    Related Posts

    .. . . . . . . . . . . . . . . . . . . . . . . . . %%%. . . * . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ - - - - - - - - - - - - - - - - - - - - . . . . .