Argentina’s President Milei presents 2025 budget, vowing austerity and setting up a showdown
- Argentina's President Milei presented the 2025 budget, aiming for austerity to achieve a zero-deficit and a 0.4% fiscal surplus, marking a significant shift after nearly two decades.
- The Finance Ministry anticipates the budget will lower inflation to 18% and boost economic growth by 5% in 2025, despite a 3% contraction in the first half of 2024.
- Milei has pledged to veto any spending increases not met with cuts, emphasizing his dependence on Congress for financial support.
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Coverage Details
Total News Sources0
Leaning Left7Leaning Right6Center13Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 27%
C 50%
R 23%
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