Milei to axe nine state fiduciary funds worth US$2 billion - News Summed Up

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Milei to axe nine state fiduciary funds worth US$2 billion


The Argentine government will eliminate nine state fiduciary funds, President Javier Milei and his spokesman confirmed on Friday. The government has not confirmed which of the state’s fiduciary funds could be axed. “Nobody knows how that money is used.”There are 28 fiduciary funds under national jurisdiction. Another, created in 2013, funds assistance for those affected by forest fires. The Economy Ministry and the President’s Office told the Herald they had no information on what funds would be cut.


Source: Bueno Aires Herald February 17, 2024 03:34 UTC



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