Milei Government Cuts Nearly 1.79 Billion Dollar From Budget with Sharp Education Adjustment
15 Articles
15 Articles
Milei government cuts nearly 1.79 billion dollar from budget with sharp education adjustment
The government of Javier Milei amended Argentina's 2026 budget on Monday with a cut of nearly 2.5 trillion pesos (around 1.79 billion dollars at the parallel exchange rate) —equivalent to approximately 1.6% of the total— in an administrative decision that deepens the adjustment effort to sustain the fiscal surplus target agreed with the International Monetary Fund. The measure, signed by Chief of Staff Manuel Adorni and Economy Minister Luis Capu
The intention is to reach the fiscal surplus agreed with the IMF; changes in previsional debts, retirement plan in the Anses and another coup for the study houses
President progressed in a sharp decline in spending to sustain fiscal balance
Buenos Aires, 12 May (NA) – The president, Javier Milei, advanced in a cut of public spending in excess of $2.4 billion to maintain the balance of public accounts. A detailed analysis carried out by ASAP –and processed by Agencia Noticias Argentinas – of the budget execution as of May 7, 2026 reveals the depth of fiscal restructuring. The adjustment not only reached public works and subsidies, but also hit harshly programs of oncological health,…
Channel C The national government applied a cut of almost $2.5 billion and reduced allocations for education and universities The national government ordered a modification of Budget 2026 that implies an adjustment close to 2.5 billion pesos, equivalent to about 1.6 percent of the total planned for this year. The measure included a sharp reduction in areas related to education and public universities, in the prelude to the federal university mar…
The Official Gazette introduced a series of changes in the priorities of Budget 2026 and deepened the cuts in education. The post The National Government modified Budget 2026 and cut almost 2.5 billion pesos in education appeared first on El Intranssigente.
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