In a concerning trend reported by the University of Di Tella, poverty in Argentina is escalating rapidly, with an estimated one million individuals falling into poverty each month.
It is stated that approximately 44% of Argentine households are currently living below the poverty line.
The surge in poverty levels is attributed to the sharp rise in inflation and the devaluation of the peso, causing a significant economic strain on the population. If this trajectory continues, by the end of February, the number of individuals living in poverty is projected to exceed 23 million, facing serious difficulties in meeting their monthly expenses.
The situation is described as dire and paints a grim picture of the challenges faced by a substantial portion of the Argentine population. The need for effective measures to address the root causes of poverty and provide support to those in need is paramount in ensuring a more stable and equitable society.
