First modification: 08/06/2021 – 04:33
The poverty rate in Mexico grew to nearly 44% at the end of 2020, exacerbated by an economic recession, as the coronavirus pandemic led to sharp budget cuts, business closures and layoffs.
Some 3.8 million more Mexicans fell below the official poverty line in 2020 to reach a total of almost 56 million, compared to the estimate at the end of 2018, when President Andrés Manuel López Obrador assumed the Presidency of the country .
According to data from the National Council for the Evaluation of Social Development Policy (Coneval), before the pandemic hit this country, the number of citizens living in poverty was 51.9 million.
Data from the government agency also showed that extreme poverty during the same period grew from 7% to 8.5% of the population, or almost 11 million.
Mexico’s population of approximately 126 million is the largest among Spanish-speaking countries, second only to Brazil in Latin America. The poverty figure is larger than the total population of countries such as Colombia, Spain or Argentina.
For a person to be considered poor in Mexico, they must live on less than $ 111 per month in rural areas and $ 170 in urban areas, while in extreme poverty are those who live on between $ 63 and $ 88 per month, respectively.
“The Covid-19 health emergency has deepened the challenges facing social development policy in all aspects, particularly in the income, health, education and nutrition of the Mexican people,” Coneval explained in a statement.
With Reuters and EFE