In the first half of 2023, Argentina’s poverty rate reached 40.1%, and the South American economy fell into the most serious crisis in two decades.
The figures released by Buenos Aires on Wednesday come four weeks before Argentina’s high-stakes presidential election.
The poverty crisis is at its worst since the height of the pandemic, with 1.3 million Argentines falling into poverty since the first half of 2022 (when the poverty rate was 36.5), meaning they earn less than a basket of basic necessities monthly fee. percentage.
The extreme poverty rate, where Argentines cannot afford even basic food, reached 9.3%, up from 8.8% a year ago.
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