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Report: Argentina's Poverty Rate Drops to 38.1%

  • #Argentina
  • #Economic conditions & trends
Report: Argentina's Poverty Rate Drops to 38.1%
story
APR 1
Above: Argentine President Javier Milei arrives to speak during the annual Conservative Political Action Conference (CPAC) in Oxon Hill, Maryland, on Feb. 22, 2025.  Image copyright: Alex Wroblewski/Contributor/AFP via Getty Images
story last updated APR 2

The Spin

Right narrative

The dramatic improvement in poverty rates validates the Milei administration's aggressive economic reform strategy. It demonstrates that fiscal responsibility and economic freedom are practical tools for reducing poverty in the long term, with the added benefit of achieving macroeconomic stability and eliminating restrictive economic policies.

Cato

Left narrative

The social cost of the government's austerity measures has been devastating, with many Argentines struggling to afford basic necessities, healthcare, and housing. The apparent statistical improvements fail to capture the reality of the increasing hardship and inequality ordinary citizens face.

Guardian

Metaculus Prediction


Public Figures

Javier Milei


Political split

LEFT

RIGHT

The Guardian view on Argentina’s austerity year: painful cuts, rising poverty and a geopolitical gamble | Editorial
GuardianJAN 27
Javier Milei, free-market revolutionary
EconomistMAR 27

More neutral political stance articles

Argentina reports a drop in poverty under President Milei, but many say life is harder
Associated PressMAR 27
Poverty In Argentina Falls Sharply As Prices Cool Under Mile
BloombergMAR 27
Poverty Hit Argentines Rummage Food Even Economic Outlook Improves 2025 03 31
ReutersMAR 27