The president, Javier Mileiattacked “the true inheritance of the caste model” after a report from the UCA Social Observatory revealed that poverty in Argentina reached an alarming 57.4%.. The president blamed past policies for this situation and reiterated his commitment to change.
The head of state expressed his concern through social networks, highlighting that “6 out of every 10 Argentines are poor,” which he described as a reflection of the “economic devastation suffered in the last hundred years.”
At a time when the country faces one of the highest poverty rates in its history, Milei insisted on his determination to “carry out significant change.”
The UCA report revealed that the devaluation and price escalation drove millions of Argentines into poverty in the first months of Milei’s government. With almost 27 million people in poverty, and 7 million of them in destitution, the socioeconomic impact is undeniable. According to analysts, these numbers They could get even worse in February due to the lack of updated income and the continued increase in prices.
Therefore, Milei’s management faces one of its greatest challenges to date, with the urgent need to implement effective policies to reverse this alarming trend and improve the living conditions of millions of Argentines affected by poverty.