According to recent data released by Argentina’s official statistics office, more than half of the country’s population is currently living in poverty. These figures are the first official statistics to be released since the new government in Argentina cut spending in an effort to address the nation’s economic challenges.
The drastic increase in poverty levels is a cause for concern for many Argentinians, as they struggle to make ends meet in the face of rising inflation and a weakening economy. The government’s decision to cut spending has had a direct impact on the lives of many citizens, forcing them further into poverty.
The situation is particularly dire in rural areas and among indigenous populations, where poverty rates are even higher. Families are struggling to afford basic necessities such as food and shelter, leading to a deepening sense of desperation among the most vulnerable members of society.
The release of these official figures serves as a stark reminder of the challenges facing Argentina’s new government and the urgency of finding solutions to address the country’s growing poverty crisis. Without immediate action, the number of Argentinians living in poverty is likely to continue to skyrocket, further exacerbating the already precarious situation facing the nation.
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Video “Argentina poverty surges: First official figures since new govt cut spending” was uploaded on 09/27/2024 to Youtube Channel Al Jazeera English