Argentina's Economy Minister Luis Caputo holds a press conference at the Casa Rosada Presidential Palace, in Buenos Aires, Argentina January 26, 2024. REUTERS/Tomas Cuesta
BUENOS AIRES (Reuters) - Argentina's new government withdrew major spending reforms from a sweeping "omnibus" bill in Congress to facilitate its approval, the economy minister said on Friday, while stressing President Javier Milei's pledge to eliminate the budget deficit.
Economy Minister Luis Caputo announced the decision to scrap controversial provisions from the legislation, including pension and tax reform, implying that the libertarian Milei will seek tougher spending cuts elsewhere.
