On the other hand, the Gini coefficient which is the income inequality of the houses in Barranquilla and Soledad it was 0.468 in 2021, lower than the 0.498 of 2020. In addition, it was below the national indicator, which was 0.523.
We are on track
Alfredo Carbonell, manager of Social Development of the Barranquilla district Districtemphasized that these indicators are the result of advances in vaccination, economic reactivation policies and social investment representing 74% of the city budget.
“Our social policy of fight against poverty gives results. We are on the right track and sooner or later we will reach the pre-pandemic numbers,” said Carbonell.
Juan Manuel Alvarado, Planning Minister for Barranquilla, stated that the city is showing concrete signs of reactivation.
“We are on our way to restore the numbers before the pandemic, but the most important thing is that we have a memory, we know how to restore the path and remain the city of opportunity,” Alvarado said.
Andrés Vargas, director of the Department of Economics at the Universidad del Norte, indicated that this decline was foreseeable due to the process of economic reactivation and employment recovery in 2021.
“As long as economic dynamism is maintained, we hope there will be fewer and fewer households in monetary poverty,” Vargas explains.
The expert added that to make this happen faster, the job recovery must be accompanied by an improvement in real income.
in the Atlantic Ocean
Meanwhile, in terms of monetary poverty, the Atlántico department recorded an incidence of 35.6% in 2021, which represents a decrease of 4.6 percentage points from 2020, when it stood at 40.2%.
However, the indicators have not recovered yet. prepandemic for the department, as in 2019 27.3% of the population was in monetary poverty, with a difference of 8.4 percentage points.
In extreme monetary povertyAtlántico reached a rate of 7.1% in 2021, which represented a 4.1 percentage point reduction in this condition compared to the previous year, when it reflected 11.2%.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
