The Government estimates that poverty is already 50% and the IMF foresees more social aid. It is because of inflation and the impact on income.
Retirees, among the hardest hit, are young formal families without children. Inflation accelerated due to the devaluation of August, but poverty fell to 38-39% in the third quarter due to post-PASO measures, and then rose 6 points in the fourth quarter, according to the UCA Social Observatory. "Without a doubt, poverty increased, it is the reverse of income, if income falls, poverty rises," says Luis Beccaria.