Persons living in "extreme poverty" in Venezuela now outnumber persons living in "poverty"
Monday, December 21 2015 @ 10:48 AM AST
Contributed by: elijose
The increase in poverty, fear of crime, deficiencies in public services, and physical and environmental vulnerability of urban areas were "alarming," the universities said in a report.
In the absence of official figures from the government, the three universities conducted their own survey.
Persons from 1,500 households were interviewed between August and September 2015. To establish the poverty line, the researchers set Bs 14,556 as the minimum required for a basic food basket, amid 170% food inflation between in August 2015 year-on-year versus August 2014.