Part 4/10:
Fiscal Cuts: Tremendous cuts were made to public spending, including a freeze on public works projects, a reduction in transportation and energy subsidies, and a suspension of federal transfers to provincial governments.
Government Restructuring: Milei reduced the number of government ministries by half, abolishing some entirely—like the Ministries of Culture and Women, Gender, and Diversity—and consolidating others. This streamlining aims to cut costs but raises questions about policy continuity.
Tax Reforms: Despite earlier promises not to raise taxes, recent measures include a 17.5% import tariff, new export levies, and revoking previously planned income tax reforms, aiming to shore up state revenues amid mounting debt.