Argentina’s poverty rate fell to 38.1% between June and December 2024, a decrease of 14.8 points from earlier in the year, according to the Indec statistics agency. This decline follows a spike in poverty levels during the initial months of President Javier Milei’s presidency.
In the second half of 2024, Argentina observed a significant decrease in poverty levels, according to the national statistics agency, Indec. Official reports revealed that the poverty rate declined to 38.1 percent during this period, representing a substantial drop of 14.8 percentage points since the early months of President Javier Milei’s administration. This shift indicates positive economic changes amidst previous concerns about rising poverty in the country.
The reduction of poverty levels in Argentina during the second half of 2024 highlights the impact of falling inflation and economic policies under President Javier Milei. As reported, the poverty rate declined significantly, reflecting improvements in the economic landscape since earlier challenges faced at the beginning of the president’s term.
Original Source: www.annistonstar.com
