‼️📈ARGENTINA LATEST NEWS 💹

🧮 Fiscal surplus driven by “zero deficit” doctrine

• In June, Argentina recorded a primary surplus of 790.533 billion pesos (≈ USD 655 M) and a financial surplus of 551.234 billion pesos, accumulating a positive of 0.9% of GDP in the semester .

• This feat supports the liberal strategy of Milei's team: fiscal discipline, spending reduction, and avoiding monetary financing.

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🎯 Pension conflict: veto on the horizon

• The Senate, dominated by the opposition, has just approved an increase in pensions, a measure that the Government considers unsustainable to maintain the surplus .

• Milei announced that he will veto these initiatives, emphasizing that preserving fiscal balance is the priority .

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🤝 Strategic focus with the agricultural sector: meeting and promises

• A nearly two-hour meeting was held with the Liaison Table in Palermo, where Milei promised that the next tax to be reduced will be the withholdings, although he has not lowered them yet .

• The agricultural sector appreciates the commitment but warns that it still needs to see concrete actions .

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🏛️ Internal frictions: vice president, cabinet, and governors

• The internal conflict between Milei and his vice president, Victoria Villarruel, is worsening. According to sources, there is a political crisis in Casa Rosada, with increasing distance between the two .

• The Chief of Cabinet, Francos, is managing tensions with governors over fund distribution after the vetoed laws .

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🌐 Challenge in foreign policy: stance on Israel and Iran

• After supporting military actions by Israel, Iran harshly criticized Milei and Argentina .

• The Government will reinforce security for the event commemorating the AMIA attack, in the context of the upcoming anniversary .

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