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Economic instability drives food insecurity in El Salvador and Argentina
Economic reports from El Salvador and Argentina highlight rising food insecurity and financial instability. In El Salvador, a report from the Fundación Ciudadana por un Consumo Responsable (FCCR) indicates that 41.7% of the population, approximately 2.5 million people, face difficulties obtaining food due to lack of funds. The country has seen rising inflation, with August figures reaching 3.2%, and significant increases in fuel prices. Additionally, public debt has grown to 93% of GDP, with the state's debt to the pension fund exceeding $11.7 billion.
In Argentina, data from the Instituto Periferias reveals that 42.3% of residents in popular neighborhoods have gone an entire day without eating due to a lack of money. Furthermore, 53.8% of households reported experiencing food shortages at some point. Research by the Movimiento Evita and the University of Buenos Aires shows that 72% of households in these sectors are in debt, primarily to cover basic expenses such as food, healthcare, utilities, and rent.
Entities
Fundación Ciudadana por un Consumo Responsable · Instituto Periferias · International Monetary Fund · Movimiento Evita · University of Buenos Aires