Poverty in Latin America continues to grow

A report published by the Economic Commission for Latin America and the Caribbean (ECLAC) revealed that for the year 2017 there was a considerable growth of poverty in the region.

According to the records for that date, 30% of the population, that is, 184 million people lived in poverty while 10.72% were in an extreme situation.

The report for 2018 is expected to be a bit more encouraging given that at least two million people will be removed from the poverty list, but one million will be added to those in extreme conditions.

Another encouraging figure is that, compared to the year 2000 and the last 17 years, there were improvements in terms of inequality.

The ECLAC report added that there is a lot of inequality in terms of wages, at least 40% do not receive the minimum income of their countries, mainly women and children who have been forced to work for different reasons.

K. Tovar

Source: Finanzasdigital

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