A United Nations report on Latin America and the Caribbean warns that nearly 45% of young people live below the poverty line.
One report The United Nations has said that Latin America and the Caribbean could face a “protracted social crisis” as a result of the COVID-19 pandemic.
A report by the Economic Commission for Latin America and the Caribbean (ECLAC) released on Thursday shows that 56.5 million people in the region are affected by the famine. An estimated 45.4% of people aged 18 and under in Latin America are living in poverty.
Jose Manuel Salazar-Xirinachs, executive secretary of ECLAC, said in a press release on Thursday: “We are facing a series of crises that exacerbate inequality and shortages. regional shortfall. “This is not a time for gradual changes, but instead for ambitious and transformative policies.”
The report highlights the lingering effects of Pandemic caused by covid-19with poverty rates remaining above pre-pandemic levels and around 13% of the region’s population living in extreme poverty.
Factors including high inflation and consequences from Russia Invades Ukraine is likely to create a challenging backdrop for governments looking to push those numbers lower.
The report notes that rising prices can lead to increased malnutrition and slower economic growth. The report forecasts gross domestic product (GDP) growth for the region of 3.2% in 2022 and 1.4% in 2023, down from 6.5% in 2021.
Overall, another 12 million people are facing extremely poor in the region since 2019, prior to the COVID-19 pandemic.
“The impact of the pandemic on poverty and extreme poverty cannot be reversed,” said Salazar-Xirinachs.
The UN also highlighted the impact of the pandemic on education, saying that educational institutions in the region have been closed for an average of 70 weeks, compared with a global average of 41 weeks. The report said the region faced a “quiet but devastating” impact on education.
According to the report, the proportion of 18- to 24-year-olds in Latin America who are out of school or unemployed has increased from 22.3% in 2019 to 28.7% in 2020.
The effects are being felt more deeply in some disadvantaged groups, with research showing that “poverty is significantly higher among Indigenous and African Americans”, as well as children and women women in certain age groups.
According to the data firm, the virus has taken a heavy toll on countries in Latin America and the Caribbean, with nearly 700,000 deaths in Brazil and more than 330,000 in Mexico. Statistical staff.
A report by Amnesty International and the Center for Economic and Social Rights found that “astonishing inequality” is a leading factor in mortality rates across the region. While Latin America accounts for about 8.4% of the world’s population, the region accounts for about 28% of COVID-19 deaths.