More Chainsaw: Milei Cuts $223,822 Million in Subsidies to Energy, Transport and Public Companies to Sustain the Equivalency
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2 Articles
The national government deepened the adjustment of public spending and provided for a new budget reduction that reaches economic subsidies, energy, transport, public media, state enterprises and programs linked to regional economies, with the objective of sustaining the fiscal balance promoted by the Javier Milei administration. The measure was formalized through Regulation 20/2026, which establishes a total cut of $223,822 million on different …
In addition to the items on health, education and road infrastructure, the Government decided to extend the cut to economic subsidies with the aim of ensuring fiscal balance. The total amount of the reduction amounts to $223,822 million, as indicated in Regulation 20/2026, which was processed by Agencia Noticias Argentinas and detailed in a special report by the Congressional Budget Office. Sectors affected by this administrative decision includ…
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