Argentina pension, tax reforms scrapped from legislation to ease passage


  • World
  • Saturday, 27 Jan 2024

Argentinas Economy Minister Luis Caputo holds a press conference at the Casa Rosada Presidential Palace in Buenos Aires Argentina January 26 2024. REUTERSTomas Cuesta

Argentina's Economy Minister Luis Caputo holds a press conference at the Casa Rosada Presidential Palace, in Buenos Aires, Argentina January 26, 2024. REUTERS/Tomas Cuesta

BUENOS AIRES (Reuters) - Argentina's new government withdrew major spending reforms from a sweeping "omnibus" bill in Congress to facilitate its approval, the economy minister said on Friday, while stressing President Javier Milei's pledge to eliminate the budget deficit.

Economy Minister Luis Caputo announced the decision to scrap controversial provisions from the legislation, including pension and tax reform, implying that the libertarian Milei will seek tougher spending cuts elsewhere.

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.


Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In