https://www.mondialnews.com/2025/09/14/argentinas-milei-faces-major-blow-as-senate-greenlights-huge-spending-hike/
Argentina’s President Javier Milei faced a significant setback in his bid to tighten government spending as the Senate approved a series of increased budget allocations, Reuters reports. The decision marks a stark challenge to Milei’s fiscal austerity agenda, highlighting the entrenched divisions within Argentina’s Congress over economic policy amid soaring inflation and a struggling economy. This development raises questions about the administration’s ability to implement its promised reforms and control the country’s spiraling public expenditures.
Argentina’s Senate Approves Spending Increases Challenging Milei’s Fiscal Agenda
In a significant legislative move, Argentina’s Senate has approved a budget increase that directly contradicts the fiscal austerity promoted by Economy Minister Javier Milei. The decision underscores mounting resistance within Congress to Milei’s economic policies, which emphasize sharp spending cuts and reduced government intervention. Lawmakers…
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Author : Miles Cooper
Publish date : 2025-09-14 18:54:00
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