Mexico's Poverty Rate Plummets: World Bank Revises Figures Upward

Mexico's Poverty Reduction: World Bank Revises Figures to 11 Million Mexico City – In a significant update to national poverty statistics, President Claudia Sheinbaum announced today that the World Bank has revised its figures, indicating that 11 million Mexicans have escaped poverty during the administration of President Andrés Manuel López Obrador. This is a substantial increase from the previously reported 9.5 million. "The World Bank, after a methodological review, has confirmed that the number of Mexicans who have left poverty is 11 million," Sheinbaum stated during a press conference. The video shows Sheinbaum delivering this statement, along with charts illustrating the reduction in poverty rates between 2018 and 2022. The World Bank's revised methodology is expected to be published soon, offering a more detailed explanation of the changes. This announcement has significant political implications, particularly given the ongoing debate surrounding economic policies and social programs. The significant increase in the number of people escaping poverty is being hailed as a success by the current administration.