Between 2005 and 2019, poverty measured by income went from 34.4% to 96.2% between 2005 and 2019 and extreme poverty rose from 10.7% to 79.3%, according to the National Survey of Living Conditions ( Encovi), reported the Andrés Bello Catholic University (UCAB).They also reported that the minimum wage has lost 99% of its value in the last 10 years and 87% in the last 3 years, as well as that 80% of Venezuelans do not have the necessary resources to purchase basic food. BYy On Venezuela
More Stories
How Venezuela’s election could upend the geopolitics of the Americas
Crypto Remittances Skyrocket as Migration Crisis Worsens
Un dolor de cabeza menos para Citgo