News of subsidies

How families in Milei's Argentina sank deep into debt

Today 09:50 Stagnant incomes, coupled with a cost of living crisis, have nudged household finances in Javier Milei’s Argentina to the brink.

SUBSIDIES SLASHED

Milei’s ‘chainsaw’ slashes energy subsidies for three million households

04-05-2026 14:08 ‘Chainsaw’ slashes subsidies to lowest levels in years; Register clean-up and tariff reform has driven US$5.6 billion in savings, according to government; Nearly half of households now pay the full cost.

Public transport

Fewer buses on streets as fuel costs rise and subsidies go unpaid

07-04-2026 16:45 Firms reduce number buses in circulation by between 20% and 40% as fuel prices surge amid Middle East crisis.

Economic indicators

State spending falls to lowest level in a decade

10-02-2026 09:21 Expenditure has fallen 5.1 points between 2023 and 2025 and now accounts for 14.5% of GDP, says new Fundación Libertad report; Public works and subsidies responsible for most of cuts.

TIERRA DEL FUEGO

Patagonian province on war footing over Milei’s threat to industry

22-05-2025 16:06 Residents of the far-south province of Tierra del Fuego are fighting to save their jobs after President Milei delivered a blow to its local manufacturing activity.

SUBSIDIES SLASHED

Rich face higher energy bills after Milei subsidy cut

21-05-2025 15:12 President Javier Milei will cut energy subsidies for all gated communities in the Greater Buenos Aires region.

POLITICS – ANALYSIS

Behind the Milei-Jorge Macri deal – and the influence of Mauricio

04-09-2024 12:09 Meetings between President Javier Milei and PRO party chairman Mauricio Macri have served to calm tempers and put an administration which had become entangled back on track.

by Pablo Varela

POLITICS & ECONOMY

Javier Milei and Jorge Macri seal deal transferring 31 bus lines to City

04-09-2024 12:02 Mayor confirms that there will be no fare increase despite the loss of national subsidies after signing deal formalising transfer control of more than 30 bus lines to Buenos Aires City government.