The extreme poverty in Venezuela it fell almost 15 points between 2021 and 2022, according to an academic study presented this Thursday, which nevertheless highlighted the enormous inequality that exists in the country, the largest in the entire American continent.
The National Survey of Living Conditions (Encovi) 2022, coordinated by the private Andrés Bello Catholic University (UCAB) and a reference in Venezuela in the absence of official figures, placed 53% of the population in extreme poverty, and 81.5% in a situation of poverty.
In 2021, the figures were 68% and 90.9% respectively.
“For the first time in seven years, poverty is reduced in Venezuela,” said sociologist Luis Pedro España at the presentation in Caracas of the survey, which observes an increase in income amid an economic recovery.
After years in recession e hyperinflationVenezuela observes a relative recovery, which goes through an informal dollarization and the relaxation of strict controls.
The Encovi collects a growth in formal employment of 50% and a reduction of 7.7 points in informality.
In any case, Venezuela is “the most unequal country in America,” he says. The poorest earn an average of 7.9 dollars a month, while the richest earn 553.2 dollars, 70 times more, the study shows.
This situation of inequality is not going to be able to be corrected only with economic growth,” said Spain.
“Next year, growing the same, we are not going to reduce poverty like this. Every year we are going to reduce it less and we are going to reach a valley” because “public policies are needed that take people out of poverty and turn them into productive subjects.
Non-labor income, between government bonds and remittancesfell from 44.8% in 2021 to 26.2 this year, at 2017 levels, in part due to the increase in formal remuneration.
The Encovi, which studies multidimensional poverty, in aspects such as infrastructure, services, housing, in addition to income, warned about the reduction in school coverage.
In the 2021-2022 period, 1.5 million of the country’s inhabitants between the ages of 3 and 17 were left out of the education system, he observed, and also highlighted that the use of public health services was reduced, due to their increased cost.
The survey was based on interviews with members of 2,218 households and was conducted between July and August.
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