India  

Argentina's President Milei presents 2025 budget, vowing austerity and setting up a showdown

SeattlePI.com Monday, 16 September 2024 ()
Libertarian President Javier Milei of Argentina has presented the 2025 budget to Congress, outlining policy priorities that reflected his key pledge to kill the country’s chronic fiscal deficit and signaled a new phase of confrontation with lawmakers. In an unprecedented move, Milei personally pitched the budget to Congress instead of his economy minister, lambasting Argentina’s history of macroeconomic mismanagement and promising to veto anything that compromised his tough slog of tight fiscal policy. The president’s budget proposal Sunday followed a week of political clashes in the legislature — where Milei controls less than 15% of the seats — over spending increases.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Budget 2024: 'Only for Two People' and Fails Expectations Says Congress President Mallikarjun Kharge [Video]

Budget 2024: 'Only for Two People' and Fails Expectations Says Congress President Mallikarjun Kharge

Congress President Mallikarjun Kharge has voiced strong criticism of the Union Budget 2024-25, calling it disappointing and accusing the BJP government of catering to just two people while neglecting..

Credit: Oneindia     Duration: 04:24Published
Kisan Mahapanchayat President Urges Agriculture-Centric Budget to Make India $5 Trillion Economy [Video]

Kisan Mahapanchayat President Urges Agriculture-Centric Budget to Make India $5 Trillion Economy

As the Union Budget 2024-25 approaches, Kisan Mahapanchayat President Rampal Jat emphasizes the importance of an agriculture-centric budget for India's economic growth. Highlighting the recommendations..

Credit: Oneindia     Duration: 03:15Published