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December 27, 2023

Argentina's new president lays off 5,000 government employees

BUENOS AIRES, Argentina (AP) — The administration of Argentina's new President Javier Milei said on Tuesday that his government won't renew contracts for more than 5,000 employees hired this year before he took office.

The move was part of a sweeping plan of cutbacks and devaluations announced by the right-wing libertarian since he took office on Dec. 10 to transform Argentina's struggling economy.


 
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