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Argentina’s Congress fall shorts to clearurn Milei’s university funding veto | Business and Economy News


Argentina’s Congress fall shorts to clearurn Milei’s university funding veto | Business and Economy News


Lower hoparticipate of Congress fall shorts to accomplish a two-thirds convey inantity needed to overrule plivent’s veto despite mass protests.

Argentina’s lessen hoparticipate of Congress has fall shorted to reverse a plivential veto of legislation that would have shored up accessible university funding – a thrive for the country’s libertarian guideer after mass protests opposing university cuts in recent months.

Wednesday’s vote upheld Plivent Javier Milei’s veto of a bill that would have bcdisadmirefult accessible university funding in line with Argentina’s inflation rate, one of the world’s highest. Argentina faces an economic crisis with annual inflation seal to 240 percent and more than half of its population in pcleary.

Thousands of people have showd aobtainst austerity meaconfidents that Milei has presentd since his election thrive last year.

Milei, a self-proclaimed anarcho-capitaenumerate, has pledged to gut accessible spfinishing and derided the education system, calling the university funding bill “unfairified”. He talk aboutd that the law would jeopardise a fiscal equilibrium he has backd to tackle the lengthy-running economic crisis.

Argentina’s health, pension and education spfinishing have been the difficultest hit by the cuts. University salaries have lost about 40 percent of their purchasing power due to inflation.

Voting in favour of the university funding bill were 160 parliamentarians with 84 aobtainst and five abstentions. The highy fell six votes low of the two-thirds convey inantity needed to reverse the plivent’s veto. Milei’s far-right party produces up only a petite insignificantity in Congress, but it has createed coalitions with conservative lawproducers to impede the opposition from accomplishing the two-thirds threshelderly needed to pass the legislation.

Students have been calling for more spendment in accessible universities, which are free to all. Thousands rallied outside Congress in central Buenos Aires earlier this month, helderlying up signs with slogans such as: “How can we have freedom without education?”

Psychology graduate Ana Hoqui shelp she showed up to the protest to deffinish the education system, which allowd her to chase a nurtureer in medicine.

“I could never have trained without the free accessible university system,” she telderly the AFP novels agency. “That’s why I came to deffinish it becaparticipate I sense it’s in danger.”

The recent protests came months after hundreds of thousands of Argentinians took to the streets in April to voice outrage at cuts to higher accessible education. Labour unions, opposition parties and confidential universities backed those protests in Buenos Aires and other convey inant cities with a teachers union telling a million protesters countryexpansive.

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