Argentine poverty remains above pre-pandemic level


Protesters holding an Argentine flag arrive at the Plaza de Mayo to demand higher salaries and more jobs, in Buenos Aires, Argentina, on Thursday, May 12, 2022. (AP Photo/Victor R. Caivano)

BUENOS AIRES: Argentina’s poverty rate remains above its pre-pandemic level in the first half of this year as high inflation eroded the benefits of the country’s economic recovery.

About 36.5% of Argentines lived in poverty earlier this year, the government’s statistics agency reported last week. That’s above the 35.5% reading just prior to the pandemic and well above the previous low of 25.7% seen in 2017.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

ES Sunlogy secures RM22.3mil sub-contract in Penang
Vestland terminates three affordable housing contracts worth RM550.7mil
Pestec appoints Adam Yee as president
Wawasan Dengkil and Kester partner on renewable energy projects
Binastra's unit inks tripartite agreement involving RM305mil contract
Ringgit ends lower as firmer US dollar weighs on market
Infomina posts higher 2Q profit, declares 1.35 sen dividend
SkyGate acquires property investment firm for RM76mil
Berjaya Land proposes name change to Berjaya Property
SCIB shareholders approve rights issue, share capital reduction

Others Also Read