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Surplus at Cost | Argentina News
The government’s push for a fiscal surplus is backfiring—cutting subsidies has spiked utility bills, forcing families to choose between heat and groceries, while slashing spending has stalled critical infrastructure. Exports hold steady, but domestic demand sputters as online sales dodge taxes. Meanwhile, the central bank braces against a soaring dollar amid floodgates of foreign cash, risking inflation even as it tries to ease credit. Polls show mounting public anger, especially among young voters who once backed the administration. Taming inflation without triggering recession? That classic…
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