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Caribbean-Latin America
Income poverty in Venezuela increases to 26.8 percent in the first half
2010-11-19
[El Universal] The National Statistics Institute (INE) said that the percentage of households in poverty, as measured by income, grew slightly to 26.8 percent at the end of the first half of the year.

The percentage of households in poverty in the same period last year stood at 26.4 percent, a 0.4 percent increase compared to the previous period.

Elías Eljuri, the president of INE, said that the most recent result "means that Venezuela has managed to maintain the statistical stability in one of the most sensitive social variables, despite the fact that the global economic crisis has caused a declined in the country's oil revenues."

However,
The infamous However...
the government's official acknowledged that there has been little progress in access to adequate housing.
Posted by:Fred

#1  since Hoogo is seizing housing developments without compensation, don't expect to see much more housing constructed
Posted by: Frank G   2010-11-19 11:37  

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