US EditionHistoric milestone: Middle class Mexicans now outnumber those in poverty
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20 Articles
Historic milestone: Middle class Mexicans now outnumber those in poverty
The Mexican government on Friday said that for the first time in history, more Mexicans are categorized as middle class than as living in poverty. Jesús Ramírez, director of President Claudia Sheinbaum’s Council of Advisers, also said that based on World Bank data the Mexican middle class grew by more than 12 percentage points between 2018 and 2024. President Sheinbaum stands before a graphic Friday showing the growth in recent years of the Mexi…
Mexico City, Dec 19 (EFE). – The Mexican government said this Friday that the middle class expanded between 2018 and 2024, driven by social policy based on “welfare programs” and direct transfers, which in the last seven years accumulate an investment of more than 1.5 trillion Mexican pesos (about $83,424 million).In a press conference Jesús Ramírez, coordinator of advisers of the Presidency, explained that, based on World Bank data on poverty a…
The federal government presumed a historical growth of the middle class in Mexico as a result of the economic and social policy of the so-called 4T. Jesús Ramírez Cuevas, coordinator of advisors of the Presidency, said that, based on data from the World Bank, there was an increase of more than 12 percentage points of this sector between 2018 and 2024. By presenting figures from the most recent report on Poverty and Equity of the international or…
Based on the most recent World Bank report on poverty and equity, the Federal Government noted that, for the first time in recent history, the middle-class population in Mexico exceeds that in poverty, in a context marked by increases in the minimum wage and the expansion of social policy. The proportion of people considered to be middle-class rose from 27.2 percent in 2018 to 39.6 percent in 2024, while income poverty declined from 35.5 percent…
This was an increase of 12.4 percent, according to World Bank data, from 27.2 percent in 2018 to 39.6 percent in 2024 Claudia Sheinbaum Pardo highlighted that Mexico, with the Fourth Transformation, is the country of Latin America where the middle class grew the most, as it increased [...] The Sheinbaum entry highlights that Mexico is the country of Latin America where the middle class grew the most aparece primero en LJA.MX Noticias México.
World Bank: In Mexico, from 2018 to 2024, some 12 million people moved into the middle class. Additionally, 13 million escaped poverty […] The entry "Mexico, the Latin American country where the middle class grew the most" was first published on RegeneraciónMX.
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