An Argentine railway constructor faces challenges due to Milei's budget reductions.

Reported 6 months ago

Since President Javier Milei took office in Argentina and started cutting state spending, thousands of construction workers, like Pablo Vazquez, have been laid off, leading to a significant economic downturn in the construction sector. Milei's austerity measures have halted public infrastructure projects, resulting in a 42% drop in construction activity and tens of thousands losing their jobs. While these measures aim to address the country's fiscal deficit, they have sparked concerns over rising unemployment and economic instability.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis