US EditionArgentina Congress passes pension boost despite Milei opposition
ARGENTINA, JUL 13 – The Senate approved a 7.2% pension increase and extended disability benefits despite President Milei's veto threat, with opposition senators securing over 50 votes for the emergency laws.
- Argentina's Senate passed a law granting a 7.2% emergency increase in retirement pensions, despite opposition from President Javier Milei.
- The legislation received 52 votes in favor and established assistance for pensioners below the poverty line, receiving minimal monthly pensions.
- The Senate also approved a debt-payment plan for pensioners who missed contributions and an emergency law for people with disabilities.
82 Articles
82 Articles
Argentina Congress passes pension boost despite Milei opposition
Argentine lawmakers on Thursday passed a motion to boost pensions that the government of libertarian President Javier Milei had heavily criticized out of concerns that it would threaten the state's fiscal surplus.
Argentine Senate Approves Emergency Pension Hike, Defying President Milei - teleSUR English
He rejects the legislation, arguing it would increase public spending and undermine its goal of achieving a balanced budget. On Thursday, Argentina’s Senate passed a law granting an emergency increase in retirement pensions, a measure far-right President Javier Milei has repeatedly opposed. RELATED: Argentina Faces Loss of Over 430,000 Jobs Amid Unchecked Trade Liberalization Policies The bill, which had already been approved by the Chamber of D…
Argentina senate on collision course with Milei
Argentina’s senate approved a pension increase, putting it on a collision course with President Javier Milei and his austerity agenda. Milei, who has slashed public spending by 30% since taking office in 2023, vowed to veto the legislation, which he called an attempt at an “institutional coup.” His cost-cutting has led to Argentina’s first budget surplus in years while helping tame runaway inflation, though austerity has also pushed poverty rate…
Javier Milei has suffered the biggest political defeat this Thursday since he took office 18 months ago. The opposition in the Senate, united and without dissent, passed a package of laws that increase fiscal spending. The most relevant one is an increase in pensions of 7.2%, to which they added the average sanction of two projects that give more funds to the provinces. Continue reading
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