Javier Milei’s economic policy in Argentina champions bold free-market reforms, sweeping tax cuts, and extensive deregulation designed to tame inflation and spark powerful economic growth. Yet, critics warn that these swift changes might bring serious social challenges
India is gearing up for major cuts to consumption taxes by October, aiming to ignite economic growth, Reuters reports. This bold step is designed to spark consumer spending and drive recovery in the face of global uncertainties
Prime Minister Albanese is striking a calm and confident tone as the upcoming economic summit approaches, focusing on steady progress rather than drastic tax overhauls. His careful strategy underscores the government’s dedication to maintaining economic stability through thoughtful, gradual policy advancements
In a significant economic shift, President Javier Milei has announced the end of Argentina’s strict currency controls, known as the “cepo,” following the IMF board’s approval of a US$20-billion bailout. This move aims to restore market confidence amid ongoing financial turmoil.
Brazil’s Finance Minister has revised the estimated costs of a proposed tax exemption, lowering it to $4.75 billion. This adjustment aims to alleviate concerns over fiscal impact while stimulating economic growth, according to Reuters Canada.
