MercoPress
Americas · 1 hrs ago
✦ 75◉ Centre
Milei government cuts nearly 1.79 billion dollar from budget with sharp education adjustment
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Argentina's government under Javier Milei announced a budget cut of approximately 1.79 billion dollars (2.5 trillion pesos) for 2026, representing about 1.6% of the total budget, with education among the areas affected. The adjustment is intended to maintain fiscal surplus targets agreed with the International Monetary Fund.
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 Caputo, comes one day before the fourth Federal Univer
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