Latin America poverty hits 33-year low but inequality prevails, UN report says


  • World
  • Tuesday, 12 Nov 2024

FILE PHOTO: A beggar sits at the McAllen-Hidalgo international bridge in Reynosa, Mexico January 11, 2019. REUTERS/Tomas Bravo/File Photo

SANTIAGO (Reuters) - Latin American poverty levels in 2023 fell to a 33-year low, led by progress in Brazil, the United Nations' Economic Commission for Latin America and the Caribbean (ECLAC) said in a report on Tuesday, even as severe inequality persists in the region.

ECLAC said Latin America is marked by high inequality, limited social mobility, and weak social cohesion, underpinned by inadequate social policies and weak protection systems.

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