Milei government cuts nearly 1.79 billion dollar from budget with sharp education adjustment

The government of Javier Milei amended Argentina's 2026 budget on Monday with a cut of nearly 2.5 trillion pesos (around 1.79 billion dollars at the parallel exchange rate) —equivalent to approximately 1.6% of the total— in an administrative decision that deepens the adjustment effort to sustain the fiscal surplus target agreed with the International Monetary Fund. The measure, signed by Chief of Staff Manuel Adorni and Economy Minister Luis Caputo, comes one day before the fourth Federal University March, called for Tuesday with its main event in Plaza de Mayo.

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