“We will veto all bills that threaten the financial balance, because we will not be partners in fraud,” he said. Argentine people“
Since taking office in December, the budget-cutting proponent has implemented a tough austerity program in an effort to control chronic inflation and decades of excessive government spending.
Several opposition members of the Senate were absent from what they called a “pre-arranged” event.
Milli’s party is a minority in the legislature and is plagued by divisions.
Despite setbacks on some budget policies, Milley scored a victory last week when lawmakers upheld his veto of a pension increase bill.
Under Milli’s reforms, the rate reached Inflation In August, it was 4.2 percent, down for the fourth straight month to below 5 percent, a huge drop from the 25.5 percent rate recorded in December.
But the annual inflation rate remained very high at 236.7 percent.
Critics say the sharp decline in inflation and other apparent economic gains have come at the expense of the poor and working class and have stifled the economy.
