Argentine President's Aggressive Measures to Downsize Public Sector

Argentine President Javier Milei has unveiled plans to dismiss 70,000 public employees in the coming months, indicating his commitment to aggressive measures to streamline the country's public sector. At a business event on Tuesday night, Milei also announced the freezing of public works, the cutting of some provincial funding, and the termination of over 200,000 social security plans which he labeled as corrupt. These actions are part of his strategy to achieve fiscal balance at any cost this year.