Milei Taps Economist Ades for Cabinet; Says Past Welfare Unsustainable

Argentine President Javier Milei has invited economist Alberto Ades to join his cabinet. Ades attributes current economic hardship to the reduction of subsidies and consumption previously financed through debt and monetary issuance, signaling continuity of austerity policies. The move reinforces Milei's fiscal consolidation agenda amid ongoing social strain.

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