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ECONOMY | 11-12-2017 10:29

UCA report: 13.5m Argentines live in poverty

The Catholic University of Argentina (UCA) report indicated that almost half of the people living in poverty in Argentina are children aged 0 to 14.

Thirteen and a half million people live in poverty in Argentina, a report commissioned by the Catholic University of Argentina (UCA) has revealed.

Within the 31.4 percent of the population experiencing poverty, 5.9 percent live in a situation of “destitution”. This equates to 2.5 million people.

The report indicated that almost half of the people living in poverty in Argentina are children aged 0 to 14.

The UCA’s Social Debt Observatory prepared the report using third-quarter income statistics, 2010 census data and a set of seven variables.

The report differs slightly from the INDEC (National Statistic Bureau’s) latest findings which indicated a poverty rate of 28.6 percent in the first quarter.

In the report, UCA warned that the data cannot be compared to previous quarters because of changes to its methodology.

Notwithstanding, it determined that there “has probably been a deterioration in real wages in the lower strata of our socioeconomic structure”, indicating an increasing gap between rich and poor.

-TIMES

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