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Global Economic Crisis Adds 9 Million to Ranks of Latin American Poor
Daniel | Nov 25 2009

The current global economic crisis will cause the number of poor people in Latin America to rise by 9 million to 189 million this year, the U.N. Economic Commission for Latin America and the Caribbean predicts.

SANTIAGO – The current global crisis will cause the number of poor people in Latin America to rise by 9 million to 189 million this year, the U.N. Economic Commission for Latin America and the Caribbean has concluded.

In its Social Panorama of Latin America 2009, the Santiago-based institution projected that the region’s poverty rate will rise by 1.1 percent and that extreme poverty will climb by 0.8 percent compared with 2008.

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