Mexico’s Poverty Reduction: Welfare Policies Lift 13.4 Million Out of Poverty
A recent report released by Mexico’s national statistics agency revealed that former president Andrés Manuel López Obrador’s welfare policies significantly reduced poverty. During his six-year term, the number of Mexicans living below the poverty line decreased by 13.4 million, a nearly 26% reduction, and extreme poverty also declined. These achievements were largely due to initiatives like increased minimum wage and cash transfers for the elderly and other vulnerable groups. However, the report also highlighted a substantial increase in the number of people without access to healthcare, indicating that despite progress, challenges remain.