The recent report reveals that 66% of children under 14 live in families with incomes below the poverty line, marking a stark reality where some received gifts for the first time.
Javier Milei’s administration has implemented a stringent austerity plan that, while reducing inflation, has unfortunately plunged millions into deeper poverty, showcasing the trade-offs in economic policy.
Official statistics indicate a significant decline in monthly inflation rates, plummeting from 25.5% to 2.7%, the lowest in three years since Milei took office, highlighting the drastic economic changes.
As a result of the economic hardships brought on by austerity, many individuals including the unemployed and pensioners are increasingly reliant on soup kitchens for survival, underscoring the dire state of living conditions.
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