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Argentina Posts First Surplus in Over a Decade,and will cut Govt by 34%, page-33

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daicosisgod

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17/04/24

16:13

Post #: 73391099
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Originally posted by gve ↑

It took President Javier Milei of Argentina a mere two months to push his nation into a surplus. The Economy Ministry declared that the government posted a $589 million surplus, the first surplus in recent memory. Western media has been silent about Milei’s victory as his policies are pushing the nation back on the path of capitalism, whereas the West insists on continually moving toward socialistic policies.
Milei has pushed forth an emergency package in an attempt to balance the budget and introduced an austerity package worth around $1.4 trillion. He famously slashed government agencies that contribute nothing to the economy. Every public employee on payroll for less than a year has been terminated. He is aiming to reduce government by 34% overall. Transfers to local government have ceased.
Australia could take a leaf out of Miei"book and trim up the bloated Government Agencies that contribute nothing to the economy of Australia..

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Victoria should be the first target. Cancel the SLR train project to nowhere. That would save at least $125 billion that Victoria doesn’t have.
Are you listening Tim Pallas?
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