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Argentina: According to the study, 43.1% of the country’s population are poor and 8.1% are poor.

The economic situation in Argentina remains difficult and far from being resolved | Font: AFP

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As of the third quarter of 2022, 43.1% of people in Argentina are below the poverty line, according to a report Catholic University Social Debt Observatory (ODSA-UCA) released on Tuesday, implying a 0.7 percentage point increase over 2021.

The report “Social Debt in Argentine Cities 2010-2022” also shows that between July and October of this year, 8.1% of the population of Argentina, a country experiencing “cyclical crises”, each time “more recurring, deeper and prolonged “.

“The point is not that the poor have become poorer,” but that “it is the layers of the lower middle class that have formed a new layer of the new poor,” the report explains, since before COVID-19 pandemic the poverty rate reached 35% in Argentinabut after the worst crisis of economic health and after the economic recovery, the proportion rose to four people out of ten.

The new poor come from a “middle and popular working class vulnerable to crises, joblessness and inflation,” which surged to 88% a year last October, while “the structural poor manage to protect themselves by replicating an informal subsistence economy, which does not lift them out of poverty, but at least alleviates it.

The survey showed that between July and October 2022, roughly 50% of Argentina’s active population is out of a job with full labor rights.

Poverty has never been below 25% in the last 40 years, says ODSA-UCA, because “although the Argentine economy is growing, quality jobs are not being created”, “real remuneration is constantly deteriorating” due to the “falling average labor force”. productivity” and “the crisis of stagflation turned into a debt crisis, even more serious, after the economic crisis and the health crisis.”

Argentina is suffering from a new wave of infections

On Tuesday, Argentina’s health authorities recommended ending vaccination schemes and wearing masks indoors as the number of coronavirus cases in the country increased slightly over a three-week period, though this has yet to affect hospitalizations.

“Over the past three weeks, there has been an increase in cases of COVID-19, which is not predominant (compared to other respiratory viruses) and does not lead to hospitalization and death. This is because 82% of the population has at least two doses of the vaccine and if we have reinforcements that will make it be maintained in an important way,” Health Minister Carla Vizzotti said on Radio 10.

Health authorities recommend vaccinating those who have been more than 120 days since their last dose, if available from Moderna and Pfizer, because the number of people who received four doses drops to 6.2 million and three doses to 21.8 million in a country with 47 million. residents.

(According to EFE and Europa Press)

Source: RPP

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