An Argentine household needs a monthly income of at least 100,000 Pesos equivalent to US$ 781 at the official rate, (128 Pesos to the dollar) or US$ 454 (free market, 220 Pesos to the dollar) to remain just above the poverty line, according to the latest estimate from the government's Stats Office, Indec.
Pope Francis last week sent a video to a meeting of the Committee of Pan American Judges for Social Justice and Franciscan doctrine, recalling particularly to Argentine magistrates that “there is no democracy with hungry people”.
An Argentine standard family of two adults and two children needed the monthly equivalent of US$ 664 or US$ 380 (depending on the official or free money exchange market) to be considered above the poverty line during the month of June. July figures will be released in fifteen days.
Recession-hit Argentina's economy shrank by 2.1% in 2019, the state statistics institute said on Friday. The institute said the economy contracted by 0.3% in December compared to the same period in 2018.
Argentina's government will begin to distribute food cards to low-income families beginning later this month as part of its anti-hunger program. Social Development Minister Daniel Arroyo announced during a live presentation of Argentine Plan Against Hunger the government reached an agreement with the Governor Jorge Capitanich from the northern province of Chaco to fight with hunger.
Argentina's new president Alberto Fernández highlighted Tuesday in his opening speech that his country needs to get back on its feet before anything else after four years of inadequate management by his predecessor Mauricio Macri, as he launched a series of proposals to bounce back from recession and social fracture.
Almost a third of Argentines were living below the poverty line at the end of 2018, according to a new report from the Catholic University of Argentina (UCA).
Around 1.5 million children are not fed properly amidst Argentina's current crisis, according to the Argentine Catholic University's (UCA) latest study on the matter, which was released Wednesday. The new record means an increase of around 456,000 children from the previous research.
Poverty in Argentina has risen to its highest in eight years, a new report has revealed, with more than a third of the population now considered to be poor. The new survey, from the Catholic University of Argentina's Social Debt Observatory, found that 33.6% of Argentines were living below the poverty line in the third quarter of the year.
President Mauricio Macri on Thursday asked Argentines for patience in weathering an economic crisis this year and pledged to increase social spending in the coming months, a day after reaching a US$ 57.1 billion deal with the International Monetary Fund.