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Montevideo, July 8th 2026 - 09:51 UTC

 

 

Milei plans US-style government shutdown mechanism to cap Argentina's spending

Wednesday, July 8th 2026 - 07:20 UTC
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Argentine President Javier Milei announced on Tuesday that he will send Congress a bill to introduce a government “shutdown” mechanism, modeled on the US system, that would bar the executive from continuing to spend once budget allocations run out. The measure is part of a package of economic reforms with which the president aims to relaunch his administration. Read full article

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