logo
More than 8.3 million people pulled out of poverty in Mexico between 2022 and 2024

More than 8.3 million people pulled out of poverty in Mexico between 2022 and 2024

MEXICO CITY (AP) — More than 8.3 million people in Mexico were pulled out of poverty between 2022 and 2024, according to a report released by Mexico's statistics agency on Wednesday.
It marks a nearly 18% drop in people living in poverty in a country that has long struggled with high levels of economic precarity and unemployment. The number of people living in extreme poverty dropped 23% while those in moderate poverty dropped more than 16%, according to the report by Mexico's National Institute of Statistics and Geography (INEGI). Today, one in three Mexicans still live in poverty.
'This is a photograph' of the country, said Claudia Maldonado, a researcher at INEGI.
While INEGI took over research of poverty rates from a previous government entity, official and independent researchers say the data is comparable.
Manuel Martínez Espinoza, a researcher at Mexico's National Council of the Humanities, Sciences and Technologies, said the dip can be largely be attributed to two policies championed by former Mexican President Andrés Manuel López Obrador.
The Mexican populist, who remained highly popular even after he left office last year, built his political movement on heavy support from poorer and rural-dwelling Mexicans with the promise that he would put the poor first and more equally distribute wealth in the Latin American nation.
Martínez Espinoza said that while the decrease in poverty is likely due to a range of factors in an economy as diverse as Mexico's, López Obrador raising Mexico's minimum wage and instituting a roster of social welfare programs appears to have paid off.
Access to social security, food security and dignified living conditions have all gone up, according to the INEGI report, though gains in other things like access to health services didn't catch up to major losses felt in years past.
Between 2018, the year López Obrador took office, and 2025, Mexico's minimum wage tripled, jumping from 88.40 pesos ($4.75) to 278.80 pesos ($15) a day.
At the same time, López Obrador's government scrapped a host of existing social programs and installed their own, quickly increasing overall social spending to unprecedented heights for senior citizens, unemployed youth, students, farmers and people with disabilities.
The programs have also been criticized as the reforms dramatically shifted who was getting that money, as universal pension benefits also put money in the pockets of Mexico's wealthiest who didn't really need the cash injection.
Martínez Espinoza noted that the cash transfers may not be a long-term solution to tackle poverty in Mexico, as poverty could jump once again if such programs end.
'If people stop receiving (the transfers), they could fall back into poverty because there wasn't enough investment in things other than addressing people's most immediate needs,' he said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Israel's growing frustration over the war in Gaza explodes in nationwide protests
Israel's growing frustration over the war in Gaza explodes in nationwide protests

Toronto Star

time2 hours ago

  • Toronto Star

Israel's growing frustration over the war in Gaza explodes in nationwide protests

JERUSALEM (AP) — Israeli police blasted crowds with water cannons and made dozens of arrests on Sunday as thousands of protesters demanding a deal to free hostages in Gaza aimed to shut down the country with a one-day strike that blocked roads and closed businesses. Groups representing families of hostages organized the demonstrations as frustration grows in Israel over plans for a new military offensive in some of Gaza's most populated areas, which many fear could further endanger the remaining hostages. Fifty hostages remain, and 20 of them are believed to still be alive.

Putin agreed to let US, Europe offer NATO-style security protections for Ukraine, Trump envoy says
Putin agreed to let US, Europe offer NATO-style security protections for Ukraine, Trump envoy says

Toronto Star

time2 hours ago

  • Toronto Star

Putin agreed to let US, Europe offer NATO-style security protections for Ukraine, Trump envoy says

NEW YORK (AP) — Special U.S. envoy Steve Witkoff said Sunday that Russian leader Vladimir Putin agreed at his summit with President Donald Trump to allow the U.S. and European allies to offer Ukraine a security guarantee resembling NATO's collective defense mandate as part of an eventual deal to end the 3 1/2-year war. 'We were able to win the following concession: That the United States could offer Article 5-like protection, which is one of the real reasons why Ukraine wants to be in NATO,' he said on CNN's 'State of the Union.' He added that it 'was the first time we had ever heard the Russians agree to that.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store