US EditionHistoric milestone: Middle class Mexicans now outnumber those in poverty
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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…
Juan R. Hernández / Grupo Cantón Humanist model and moral economy drive shared national prosperity Mexico City.- A few days after the calendar marked the last sigh of 2025, the morning took a tone of historical balance. From the National Palace stand, President Claudia Sheinbaum “throwed oil”, as Andrés Manuel used to say [...] The post Presume Claudia Mexican middle class growth appeared first on Quintana Roo Hoy.
Official data indicate a sustained reduction in poverty in the country between 2018 and 2024.
President Claudia Sheinbaum Pardo highlighted that Mexico, with the Fourth Transformation, is the country in Latin America where the middle class grew the most, as it increased 12.4 percent, according to World Bank data, from 27.2 percent in 2018 to 39.6 percent in 2024; the goal, she said, is [...] The article Grows the Middle Class in Mexico appeared first in: 88.9 News.
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