Argentina's poverty rate jumped from 41.7% to 52.9% during the first six months of Javier Milei's presidency, the statistics agency reported Thursday, a rise that reflects the pain of the country's most intense austerity program in recent memory.

The government's finding that another 5.2 million people had so far slipped into poverty during Milei's short tenure marks a setback for the far-right economist even as foreign investors and the International Monetary Fund — to which Argentina owes $43 billion — cheer his fiscal shock therapy.

Miriam Sidimarco, 32, works as a street vendor in the morning and then begs on passenger trains in Buenos Aires. All for the sake of her ten-year-old daughter Tisiana.
#ArgentinaPovertyCrisis #MileiAusterity #SouthAmericanEconomy #itwebvideos

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