He Argentine Social Debt Observatory of the Argentine Catholic University (UCA) released the latest study on poverty and indigence in the country. Under the title “There’s still not much to celebrate”social research highlighted the data obtained, within a timeline, between the first quarter of 2018 and the last three months of 2024.
“The situation shows signs of improvement, but structural challenges persist. The increase in poverty levels in 2018 gave rise to a new structural floor of 33% of the population living in poverty that until now no government has been able to pierce. This affects 45% of boys and girls in Argentina, an alarm signal for the construction of the future,” detailed the UCA specialists.
In the message distributed on social networks, the house of higher education explained: “The precariousness of jobs and the greater dependence on social programs in the lowest-income households are obstacles to its resolution. Macroeconomic stabilization and income recovery are key elements, but they must be accompanied by the generation of decent work and investment in quality public health and education.”
Currently, according to the report, the percentage of poor in the territory is 38.9 percent while indigence stands at 8.5 percent. In the first quarter of 2018, poverty remained at 25.5 percent. For its part, in that same period, people in a state of indigence were in the range of 4.9 percent.
In the ODSA table, it can be seen that the peak of indigence reached 20.1 percent in the first quarter of 2024, the first months of the government of Javier Milei together with the economic team led by the minister Luis Caputo. In that same stage, poverty rose to 54.8 percent.
At the beginning of the month, in a report given to journalist Luis Novarecio in La Nación +, the head of the economic portfolio stated: “Poverty among retirees is only 11%. It is a lot, but if you compare it with the general poverty of the country, not to mention the youngest ones, it is less.” Caputo’s television statement received repudiation from various sectors of society and supporters.
Originated in 2001, the ODSA maintains its central objective of studying, evaluating and monitoring the state of human development and social integration in Argentina based on internationally accepted regulatory parameters, with non-compliance with such standards constituting a measure of Social Debt.
The purpose of their studies is to help raise knowledge and awareness among the ruling classes and public opinion about the scope of the problems of poverty, marginality, social disintegration and inequality in the country. Based on the annual surveys, the Observatory has a series of its own, unpublished, reliable and academically recognized data for the design of indicators that account for the current Social Debt.
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