Marketplace All-in-One Argentina pivots from cuts to a public sector spending spree
Sep 16, 2025
Argentina is shifting from austerity to a public spending spree, focusing on pensions, health, and education. This marks a significant change in economic strategy, sparking varied reactions among the public. Meanwhile, African countries like Nigeria and Kenya are leveraging AI to create products in local languages, enhancing tech accessibility. The episode also discusses the Africa Next Voices project aimed at compiling extensive African language datasets to boost local AI innovation and support community services.
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Argentina Reverses Austerity To Reallocate Funds
- President Javier Milei says the worst is over after months of austerity and cuts.
- The government will reallocate funds to health, education and pensions while keeping a fiscal balance rule.
Healthcare Workers Protest Deep Cuts
- Katie Silver describes widespread protests from sectors hit by cuts, notably healthcare and public workers.
- She reports doctors and public sector staff taking to the streets in Buenos Aires over steep spending reductions.
Watch For The Fiscal Stability Rule
- The Libertarian government says it will guarantee fiscal balance and only cut spending if deficits appear.
- Monitor fiscal outcomes and be prepared for renewed cuts if the stability rule is threatened.