Gloria Palacios, an elderly vendor in Mexico City, relies on a government stipend to survive amidst economic challenges. Her story reflects broader trends as Mexico saw a significant reduction in poverty during the presidency of Andres Manuel Lopez Obrador. From 2018 to 2024, the number of people living below the poverty line fell by 13.4 million, illustrating the effectiveness of welfare initiatives. Extreme poverty also diminished from nearly 9 million to 7 million. Observers highlight this as an extraordinary achievement for economic equity in the country.
Gloria Palacios, 84, operates a small shop in a poor neighborhood, relying on a government transfer of 6,200 pesos for survival, emphasizing the positive impact of social welfare.
Under President Lopez Obrador, the number of people living below the poverty line in Mexico decreased by 13.4 million, indicating a significant improvement in economic conditions for many.
The drop in poverty levels is viewed as a historic achievement, with the current administration stressing that policies aimed at the poor are now a reality in Mexico.
Analysts note that the decline in extreme poverty from almost 9 million to 7 million showcases the effectiveness of poverty reduction strategies implemented by Lopez Obrador.
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