58% of the population had an economic impact due to COVID: Inegi

During the COVID-19 pandemic, 58.4% of the population aged 18 to 70 had some economic impact, according to the National Survey of Financial Inclusion (ENIF) 2021 of the Inegi.
According to the exercise, the affectation was greater for women with 60.8% of those surveyed, by 55.6% in men.
Read more | COVID19: the pandemic that aggravated gender inequality

As for the economic measures taken by the population, 95.3% reduced their expenses; almost 80% used the money they had saved; and 40% borrowed from family members or acquaintances.

Learn about some of the economic measures that people adopted to face the situations derived from COVID-19 in the National Survey of Financial Inclusion #ENIF2021 https://t.co/ITFi1gRDzb #INEGI pic.twitter.com/sIKyQ903Qy
— INEGI INFORMA (@INEGI_INFORMA) May 13, 2022

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While only 18% sold or pawned any good, according to the survey.
As for other compensation measures, 30.4% used their credit card or applied for a bank loan; 24.5% accepted the extension for the interest payment offered by their financial institution; 28.2% were late with some bank payment.
However, the survey itself revealed that in 2021, only 67.8% of people aged 18 to 70 have some type of formal financial product, whether savings, credit, insurance or afore account, which is equivalent to 56.7 million people. Almost 54% save informally.
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Original source in Spanish

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