Poverty

Just a few days ago, the National Institute of Statistics and Informatics (INEI for its initials in Spanish) issued the report “The evolution of monetary poverty 2007-2016”, indicating that poverty had fallen by more than one percentage point.

The study indicates that the monthly expenditure of a fifth of the country's population (6.5 million people) is not enough to buy a basic basket of consumption, currently valued at 328 Soles per person.

For a change, the report also indicates that Cajamarca and Huancavelica - for the fifth consecutive year - are the poorest regions of the country with poverty levels ranging from 43.8% to 50%.

In Cajamarca, the figures indicate, extreme poverty (more than 19%) is five times higher than the national average (3.8%).