Milei to eliminate 70,000 public jobs in Argentina

Javier Milei, President of Argentina
Photo: Internet

Published at: 27/03/2024 01:43 PM

Last Tuesday, the president of Argentina, Javier Milei, reported that he plans to lay off 70,000 government workers in the coming months, according to Hispantv.

“We have already eliminated 50,000 public offices and now we are going to eliminate 20,000 more, until we reach 70,” the president announced during a closing speech at the International Economic Forum of the Americas.

He also emphasized that he had frozen public works, cut off some funds to provincial governments and canceled more than 200,000 social welfare plans, which he described as corrupt. As part of a plan announced by Milei to achieve fiscal balance at any cost this year.

Milei's employment cuts are expected to face rejection by Argentina's powerful unions and could lead to a fall in the president's approval.

Mazo News Team

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