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Argentina's Radical Austerity: Milei's Push for Deeper Fiscal Cuts

Summary by Devdiscourse
Argentina's government, led by libertarian President Javier Milei, is pushing for deeper fiscal cuts to achieve a 1.6% fiscal surplus. Economy Minister Luis Caputo confirmed plans for more stringent austerity measures, which have stabilized the economy but strained public sector workers and pensioners.

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Lean Left

If inflation control is the primary objective of Javier Milei, not far from his priorities is the control of the street and of social protests. Unions, retirees and university students, among others, challenge this week the ultra-government of Argentina, with marches and force measures in rejection of the chainsaw that has been cutting the state for a year and a half. The Executive's response was the deployment of a vast police operation in the …

·Spain
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Lean Right

He has already executed almost half of the income and is close to setting aside what he spent over the past year. 20% of the budget is earmarked for reserved expenses.

·Buenos Aires, Argentina
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Lean Right

The radical reforms pursued in Argentina in the West with suspicion demand a lot from people, but President Milei achieves considerable success. A study now shows from which concrete models of thought he has been guided – and what the world could learn from it.

·Dortmund, Germany
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There, it's not a karcher to clean up a city, as a French president could say in 2005, it's a chainsaw to cut a country. Milei had announced it, and he did it. In one of the largest barns in the world, Argentina struggles to feed its nearly 46 million... Read more

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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources lean Right
40% Right
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Perfil broke the news in Buenos Aires, Argentina on Tuesday, June 24, 2025.
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