Mexico: Almost 50 percent of population lives in poverty

July 30th, 2011 - 12:14 am ICT by BNO News  

MEXICO CITY (BNO NEWS) — Mexico’s poverty rate jumped from 44.5 percent to 48.8 percent from 2008 to 2010, according to a report released on Friday by the National Political and Social Development Commission (Coneval).

According to the report, in 2008, Mexico had 48.8 million people living in poverty, but the figure increased to approximately 52 million in 2010, as the country’s total population was registered at around 112 million. The study also showed that those living in extreme poverty stood unchanged at 11.7 million, although the rate dropped from 10.6 to 10.4 percent.

Coneval Secretary General Gonzalo Hernandez Licona said that during the two-year interval, the states of Veracruz, Guanajuato, Chihuahua, Oaxaca, and Baja California had the highest increase of people living in poverty. He added that the increasing number is mostly due to reduced income and lack of food as a wider global crisis continues.

Meanwhile, states with an increasing number of people living in extreme poverty were the states of Mexico, Veracruz, Jalisco, Queretaro, and Puebla.

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