Argentina's poverty rate reaches 57%, highest in 20 years

A recent study attributes the surge to economic policies and currency devaluation, sparking a political blame game.

Poverty levels in Argentina soared to 57.4% in January, affecting about 27 million people.
The increase is partly due to the devaluation of the Argentine peso by President Javier Milei's government.
Former Vice President Cristina Fernández de Kirchner and Milei's administration exchange accusations over responsibility.
The Catholic University of Argentina's study highlights a significant impact on working and middle-class households.
Economists predict poverty could reach 60% by March due to ongoing price increases.