Mexico’s poverty rate has fallen to 36.3% in 2022 from 43.9% two years earlier amid an increase in social programs directed at the pension-age elderly and young people under President Andres Manuel Lopez Obrador and a strong economic recovery from the pandemic.
(Bloomberg) — Mexico’s poverty rate has fallen to 36.3% in 2022 from 43.9% two years earlier amid an increase in social programs directed at the pension-age elderly and young people under President Andres Manuel Lopez Obrador and a strong economic recovery from the pandemic.
An estimated 46.8 million people are living in poverty in the country, which has maintained deep social divisions despite gains to exports in its economy and a well-performing currency, according to the report released by the Mexican government agency CONEVAL on Thursday.
- About half the population still says it lacks social security, and some 39% are missing adequate health services
- The portion of the population that, based purely on income, is below the poverty line is 43.5%
- The states with the highest levels of poverty were Chiapas, Guerrero, Oaxaca and Puebla
- The data is released every two years
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