This measure would be part of the efforts to order public finances. According to reports, the head of the Ministry of Economy seeks to 'deepen' the fiscal adjustment that President Javier Milei has been promoting since the beginning of his term, through the cutting of what he calls 'bureaucratic spending' in each Government area. The budget adjustment request extends to all portfolios of the National Executive, even though the allocations for the fiscal year are already assigned. This measure was disclosed 'unofficially' at a time when falls in revenue are reported and the need to maintain the fiscal anchor to meet the financial surplus targets projected in the 2026 Budget. Although this announcement has not been formalized, it has generated various criticisms from social and union sectors, as already expressed by the Association of State Workers (ATE), who warn about the impact it will have on public workers, especially in sensitive areas such as health, education, and security.
Argentina's Economy Minister Calls for 20% Budget Cut
Argentina's Economy Minister Luis Caputo has asked all ministries to cut their budgets by 20%, focusing on 'bureaucratic spending'. This has drawn criticism from social and union sectors.