Argentina’s Macri announces economic relief after turmoil

Argentina’s Macri announces economic relief after turmoil

Argentine President Mauricio Macri who seeks re-election in October, announced plans for salary hikes and tax cuts on Wednesday after voters turned resoundingly against his austerity policies, sparking days of economic turmoil. Macri said he will cut income taxes for workers, increase subsidies and introduce a 90-day freeze on fuel prices to help ease the economic shock.

Chris
Chris
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