Argentina’s Sluggish Economy Is Testing Milei’s Spending Cuts

emerging-markets,government,economic-growth,economics,inflation,tax-revenue,retail,unemployment,sales-tax,social-security,consumer-spending,consumer-discretionary

Ignacio Olivera Doll

Bloomberg Profile

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CAME

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Slower economic growth, rising unemployment and tax revenue that isn’t keeping up with inflation are all putting Javier Milei’s hard-fought budget surplus at risk in Argentina.

Tax Revenue Lags Inflation in Argentina | Decline in real terms poses risk to Milei’s austerity agenda

Cracks emerging in Argentina’s economic growth are now threatening one of President Javier Milei’s signature achievements: the fiscal surplus.

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