According to the national statistics agency cited by Semafor, about 32% of Argentinians lived in poverty during the first half of 2025, which represents a sharp decline from roughly 53% when Milei assumed office in late 2023.
Semafor also noted that double-digit monthly inflation growth has come down to 2% in August as well.
Milei has appeared in the U.S. at the Conservative Political Action Conference and touted the benefits of reducing the deficit in Argentina.
By Owen Evens
The Argentine government has announced its decision to withdraw from the World Health Organization (WHO) in response to the “catastrophic” economic impact of the COVID-19 lockdowns.
In a statement shared on social media platform X on Feb. 5, the office of Argentine President Javier Milei [president's photo pictured here] stated that the COVID-19 lockdowns were one of the greatest economic catastrophes in world history, citing the severe and lasting impact on global economies as Argentina’s primary reason for pulling out.
“The WHO was established in 1948 to coordinate global health emergency responses, but it failed its most significant test: it promoted indefinite quarantines without scientific backing during the COVID-19 pandemic,” the statement reads in English translation.
“These quarantines caused one of the largest economic catastrophes in world history.”
