Argentine President Opposes Austerity Talks
Argentine President Javier Milei affirmed that the austerity measures implemented by his government are "non-negotiable" and will not be eased before the scheduled elections next year, as part of his effort to eliminate inflation, which dropped to 33.8% in July following strict austerity measures. He clarified that fiscal and monetary policies are non-negotiable, and the goal is to achieve sustained success in reducing inflation, despite the negative impact on consumption and employment, with 90,000 industrial jobs lost over the past three years.
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