A total of 220 million Latin Americans are considered “vulnerable” to shocks, of which 15.7 million are in Argentina. 36 percent of population considered ‘vulnerable’ Friday, July 22, 2016 UNDP: up to two million Argentines risk falling back into povertyThe Argentine government and the United Nations Development Programme put pen to paper on a plan of action on sustainable development for the period of 2016 to 2020 signed to counter the threat of between 1.5 million and two million Argentines falling back into poverty. As such, the UNDP has also noted that poverty be considered on a multi-dimensional basis and not solely in terms of income. The UNDP has warned that between 25 and 30 million Latin Americans who escaped poverty in the last decade could fall back again in light of stagnating or backwards growth in the region, a phenomenon that also includes Argentina. That figure amounts to about 36 percent of the population who could face difficulties in the case of events like sudden illness or natural disasters.

Source: Bueno Aires Herald July 22, 2016 03:20 UTC