"Mexico's Poverty Rate Drops by 6.5% in Four Years as Remittances Soar"

Mexico's poverty rate has decreased from 49.9% in 2018 to 43.5% in 2022, with 5.7 million fewer people living below the poverty line. President López Obrador's increase in the minimum wage and the rise in remittances sent by Mexicans working abroad have contributed to this decline. However, extreme poverty has slightly increased, affecting 7.1% of the population. The number of people reporting financial difficulties related to healthcare has also risen, potentially due to healthcare system restructuring and the impact of the COVID-19 pandemic.