The increase in extreme poverty, which went from 13.1% to 13.8% of the population, and the slight decrease in the general indicator occurred within the framework of the economic recovery of 6.2% of the Gross Domestic Product (GDP). ) that Latin American countries would have reached on average during 2021.
“Despite the economic recovery experienced in 2021, the estimated relative and absolute levels of poverty and extreme poverty have remained above those registered in 2019, reflecting the continuation of the social crisis”said Alicia Bárcena, executive secretary of Cepal, a United Nations technical agency based in Santiago, Chile.
According to ECLAC, the increase in poverty in 2021 will mainly affect Brazil and Costa Rica due to cuts in state aid. On the other hand, Chile and the Dominican Republic would maintain their levels, supported by the continuity of fiscal transfers.
“The economic recovery of 2021 has not been enough to mitigate the deep social and labor effects of the pandemic, closely linked to income and gender inequality, poverty, informality and the vulnerability in which the population lives”Barcena added.
The executive called for maintaining emergency cash transfers in 2022 or until the health crisis is under control, since they were key in many of the countries to keep poverty levels at bay.
Source From: Ambito
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