Argentina’s poverty rate rises above 30% under President Milei, reversing recent decline

Argentina’s poverty rate climbing above 30% under President Milei signals renewed economic stress that could impact credit risk assessments for middle-market lenders with exposure to the region. The reversal of recent poverty declines suggests potential challenges in consumer demand and fiscal stability, factors that weigh heavily on borrower creditworthiness. For leveraged finance professionals, this development underscores the importance of closely monitoring macroeconomic shifts in emerging markets that can quickly alter the risk profile of local issuers and their ability to service debt.