Some time ago, Economy Minister Luis Caputo asked his Cabinet colleagues to send him spending cut proposals amounting to 2% of capital expenditures and 20% of general outlays. On Monday, the answer to that request began to emerge.

A simple administrative decision signed by Caputo and Chief of Staff Manuel Adorni, published in the Official Gazette, revealed that the government decided to slash 211 programs carried out across different areas. 

According to the measure, the savings amount to 2.8 trillion pesos (approximately US$1.98 billion at the official dollar rate).

At the same time, the decision, which modifies the 2026 Budget, establishes an increase in spending on 15 programs, totaling US$263 million.

The administrative order also adds around US$399 million in projected revenues, ultimately increasing the financial result........

© Buenos Aires Herald