The human capital ministry confirmed on Wednesday that the government and Argentine public universities had signed an agreement aimed at resolving the conflict over funding for the higher education system.

“The undersecretariat for university policies, the National Interuniversity Council (in Spanish, CIN), and the faculty and non-faculty labor unions hereby sign this agreement,” read the announcement on social media.

The agreement establishes a 24.33% salary adjustment for the university sector.

The deal was reached after the economy ministry authorized an allocation of AR$800 billion (US$571 million at the official exchange rate) to meet the commitments made to the university system.

The news comes after weeks of negotiations in a conflict marked by more than two years of demands, four massive federal university marches, many weeks of strikes, six congressional votes, school occupations, presidential vetoes, and a legal dispute that ultimately reached the Supreme Court.