Downloading PDF. Please wait... Issue 1789

Argentina – half in poverty

This article is over 19 years, 10 months old
Protests continued in Argentina last week. These events mark the second month since the uprising which overthrew two governments. They did so as the International Monetary Fund refused to give aid to Argentina. The IMF claims the new budget proposed by the government of Eduardo Duhalde was not hard enough.
Issue 1789

Protests continued in Argentina last week. These events mark the second month since the uprising which overthrew two governments. They did so as the International Monetary Fund refused to give aid to Argentina. The IMF claims the new budget proposed by the government of Eduardo Duhalde was not hard enough.

Duhalde’s government budget will impose massive cuts in public spending and slash public sector workers’ wages even further. This latest attack is on top of the 13 percent cut in wages and pensions already pushed through. It would plunge even more people into dire poverty. Official figures show that half the population of Argentina are now living in poverty.

One in eight of the population of the capital, Buenos Aires, are now too poor to buy enough food to just survive. This misery is not enough for the hard-nosed men of the IMF and people like George W Bush who stand behind them.

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