According to the report, which includes some preliminary data from the National Statistical Institute’s (INE) Survey of Living Conditions and Income (ICOR), the 2023 at-risk-of-poverty rate increased by 0.6 percentage points between 2022 and 2023, from 16 .4% to 17%.
This increase means that the number of people at risk of poverty in 2023 exceeded 1.77 million, according to the report compiled by Susana Peralta, Bruno P. Carvalho and Miguel Fonseca of the Nova School of Business and Economics. Without welfare payments, Portugal would have around half a million poor children, warned Susana Peralta, who has campaigned for increased income support and universal pre-school education.
Author: morning Post
Source: CM Jornal
I am Michael Melvin, an experienced news writer with a passion for uncovering stories and bringing them to the public. I have been working in the news industry for over five years now, and my work has been published on multiple websites. As an author at 24 News Reporters, I cover world section of current events stories that are both informative and captivating to read.