Argentine economy

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Argentina's government under Javier Milei is pushing to privatize six state-owned companies to secure dollars and bolster reserves, even though four ended 2025 with financial surpluses. State firms collectively posted a $903 billion surplus last year, despite an operating deficit.

Reported by AI

Eugenio Semino, advocate for the elderly, criticized on Canal E the labor reform's impact on Argentina's pension funding. He warned that measures like the Labor Assistance Fund could worsen retirees' crisis in a system weakened by informal employment. He emphasized the urgent need to inject funds for basic needs.

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