Official Argentine government statistics grossly underestimate the poverty rate, because they only measure it as a certain threshold of income, which has failed to take into account the enormous inflation in Argentina and the skyrocketing cost of basic services. When researchers used the multidimensional poverty index -- measuring other factors like access to electricity, water, housing, health care, sanitation, nutrition, education, etc. -- they found that two-thirds of Argentines are living in poverty in Milei's "anarcho-capitalist" experiment (despite the tens of billions of dollars of funding given by the US and IMF to prop up Milei's regime). The multidimensional poverty index is already officially used by Mexico, Brazil, and Chile, but not by Argentina, likely because the government wants to make poverty appear much lower than it actually is.
