Staunch libertarian Javier Milei has implemented a range of austerity measures since taking office. His government blamed previous administrations for the dire economic situation.

The poverty rate in Argentina reached 52.9% during the first six months of Javier Milei’s government, the national statistics agency reported on Thursday.

It marks the highest poverty rate since 2003, and a 11.2% increase compared to the second half of 2023.

The number of people living in extreme poverty grew by 3 million during the first half of 2024, according to the report.

The statistics agency calculates poverty by comparing household income with the cost of a basic basket of goods, which amounts to around $240 (€215).

  • Burn_The_Right@lemmy.world
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    10 hours ago

    What percentage of a population must suffer under right-wing leadership before that population rises up and corrects the problem by force? Is some type of uprising likely to form here?

    • arni@lemmy.world
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      9 hours ago

      He was elected. If people don’t want him they should just vote someone else next time.