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Economy & Business - July 2026
ARGENTINA: Education spending boost belies economic malaise
After two years of regular student-backed protests against spending cuts in higher education, the government of President Javier Milei in mid-June agreed to increase pay for university workers. While the increase may have defused some of the social discontent, it fell far short of the sector’s demands and again highlights Milei’s delicate balancing act between fiscal austerity and political survival. It is that uphill battle that has some investors questioning whether Milei will even be around after next year’s election.
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