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Reason Magazine

Reason Magazine

World

World

Argentina's poverty rate fell sharply in the second half of 2024, marking a major milestone for President Milei's economic reforms

Reason Magazine
Summary
Nutrition label

75% Informative

Argentina 's poverty rate fell to 38.1 percent between July 2024 and December 2024 .

It's a major turnaround from the beginning of President Javier Milei's presidency.

Milei inherited a poverty rate of 41.7 percent when he took office in December 2023 .

His government slashed government spending, eliminated price controls, devalued the peso, cut subsidies, suspended public works.

VR Score

80

Informative language

85

Neutral language

42

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links

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