The president Javier Milei he pointed to Kirchnerism this Friday with a publication on his X account (formerly Twitter), where he attached the estimates of poverty and indigence published by the Argentine Catholic University (UCA).
In this way, he wrote: ”Here is the DATA that the KuKas don’t even want to see… estimates of poverty and indigence on a quarterly basis by the UCA. Not only do they ignore the intertemporal cause and effect relationship of horror that populism causes but that they are so clumsy that they cannot read a series”.
During the first semester of his administration, poverty jumped from 40.1% to 52.9% compared to the same period of the previous year, which represents the highest number in 20 years. Furthermore, destitution escalated from 9.3% to 18.1%. This means that, in terms of the total population, Some 24.8 million Argentines are poor, while some 8.5 million are in a situation of destitution.
The growth of poverty escalated during the first six months of libertarian administration
The Poverty jumped from 40.1% to 52.9% in the first half of 2024 compared to the same period of the previous year, which represents the highest number in 20 yearswhile the indigence climbed from 9.3% to the 18.1%, As reported this Thursday by the National Institute of Statistics and Censuses (INDEC). Extrapolated to the total population, this implies that some 24.8 million Argentines are poor, while some 8.5 million are in a situation of destitution.
42.5% of households are in povertyabout 4,319,760, where 52.9% of the people live. Within this set, there is a 13.6% of households below the indigence line (LI)about 1,378,142, which includes 18.1% of people. “The level of poverty is extremely high, a terrible figure. But given the crisis we are in, no one can be surprised”he assured Scope the economist Juan Graña.
In that sense, the expert highlighted that within this data, “the most worrying thing is the growth of indigence”, which was much greater than that of poverty, since it doubled in the last year and showed an increase in 52% compared to the second half of 2023. “We see that not only are there more poor Argentines, but that poverty has worsened and there the lack of state policies is felt much more”he analyzed.
At the end of 2023, Some 19.5 million Argentines were below the poverty line, while now some 5.3 million more have joined and reached 24.8 million.. Meanwhile, the number of homeless people increased by nearly 3 milliontaking into account the social radiography of the first semester of the Government of Javier Milei.
Two thirds of children and adolescents are poor
Regarding age groups, It is highlighted that two thirds (66.1% of the total) of people from 0 to 14 years old are part of households below the poverty line.
The total percentage of people under the poverty line for the groups 15 to 29 years old and 30 to 64 years old is 60.7% and 48.6%, respectively. In the population aged 65 and over, 29.7% of people were located in homes under the LP.
The highest incidences of poverty in people were observed in the Northeast regions (NEA), 62.9%; and Northwest (NOA), 57.0%. The minor ones, for their part, were registered in the Patagonia regions, 49.1%; and Pampeana, 49.9%.
In agglomerations of 500,000 or more inhabitants, an increase in poverty of 11.0 pp was observed, while in agglomerations of less than 500,000 the increase was 12.3 pp compared to the second half of 2023.
Source: Ambito
