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International Business Times
International Business Times
Business
Martin RASCHINSKY, Philippe BERNES-LASSERRE

Argentine Austerity Anger Mounts, But Govt Says Its Working

Argentines queue for buses amid a rail strike (Credit: AFP)

Argentine trains ground to a halt and hospitals were left running on fumes this week as austerity measures sparked mass walkouts -- even as the country boasted its first budget surplus in 12 years.

More than two months after libertarian President Javier Milei took office vowing to slash spending, his massive cuts are taking a toll and -- as he warned -- for now worsening people's economic situation.

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