Argentina’s poverty rate has surged past 50%, with millions of citizens falling below the poverty line as the government implements strict austerity measures. The economic crisis, which has plagued the country for years, has worsened in 2024, with inflation reaching record levels and unemployment skyrocketing. In response, the government introduced harsh budget cuts, reducing subsidies for essential goods and services, which has exacerbated the hardship for many working-class families.
International observers have criticized Argentina’s leadership for failing to protect the most vulnerable populations from the effects of austerity. Protests have erupted in cities across the country, with citizens demanding an end to the austerity measures and more government support. The soaring poverty rate has also led to a rise in crime and social unrest, further destabilizing the country.
