The latest report from INDEC (National Institute of Statistics and Censuses) confirms a significant decline in poverty levels during the second half of 2024, marking a turning point for Argentina’s economy under President Javier Milei’s administration.
Key Findings from the INDEC Report
📉 Poverty Rate Decline: Data shows a substantial reduction in the percentage of Argentines living below the poverty line compared to previous periods.
💰 Increased Purchasing Power: The stabilization of the economy and Milei’s anti-inflationary measures have allowed real wages to recover, improving living standards.
📊 Economic Growth: The report highlights that job creation, foreign investment, and fiscal responsibility have contributed to the decline in poverty.
Milei’s Pro-Market Reforms Are Delivering Results
President Milei’s government has focused on deregulation, fiscal discipline, and monetary stabilization, which have led to:
✔ A sharp drop in inflation, restoring confidence in the peso.
✔ Lower taxes and reduced import tariffs, making essential goods more affordable.
✔ A shrinking fiscal deficit, ensuring long-term economic stability.
A Model for Economic Recovery
Experts are now pointing to Argentina’s turnaround as a case study in how pro-market policies can reduce poverty and stimulate economic growth. With poverty on the decline and the economy gaining momentum, Milei’s administration is proving that economic freedom is the key to prosperity.
As Argentina continues its transformation, the latest INDEC figures reinforce that libertarian policies are working, offering hope for a brighter and more prosperous future
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