Poverty and inheritance: Guillermo Francos took the Government off the index of 52.9%

The Chief of Staff Guillermo Francos This Friday he referred to the data of the 52.9% povertyfor which he blamed the inheritance received as a result of “ economic populism” carried forward by previous efforts, and He assured that the next INDEC measurement will be “significantly lower.”

In television statements, the official stated: “54 years ago, poverty in Argentina was 5%. Something has been done wrong during all this time and clearly the first semester of government cannot be measured with these numbers, because “poverty is produced fundamentally by the economic populism of Argentina for many years.”

In line with that, he continued with his analysis: “The inflation rates that we have experienced all this time finally have their consequence in poverty. It seems to me that the important thing is to clearly consider where we are going.”

He also added: ““It is not free to have permanent inflation generated by State subsidies in all areas, generated by monetary emission without any support.”

Finally, he concluded in dialogue with TN: “Surely, When we measure poverty in the second semester, it will be significantly lower because, when one compares the first quarter with the second quarter, poverty decreased, so we are convinced that this path will continue because, clearly, as inflation goes down, poverty will go down.”

Luis Caputo celebrated the poverty rate and assured that “it could have reached 80 or 90%.”

The Minister of Economy, Luis Caputoused their social networks to celebrate the 52.9% poverty rate announced by the National Institute of Statistics and Censuses (Indec), and assured that “it could have reached 80 or 90%.”

Through his social network account X (former Twitter), the official cited a graph on the extent of poverty in recent years in Argentina. “This graph by @FernandoMarull eloquently shows the difference when the adjustment is made by the market versus a serious economic program”he pointed out.

Thus, he added: “From a much less critical situation, post-2001 crisis, the poverty rate almost doubled to reach 58%. Conclusive proof that it is not an exaggeration when President @Jmilei says that if we had not avoided the catastrophe that many predicted, poverty could have reached levels of 80 or 90%.”

Finally, the head of the Treasury Palace concluded: “A much better future awaits all Argentines.” The message was reposted by Milei on her social networks.