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As election looms, Argentina's Macri announces relief measures after years of spending cuts

Reuters Wednesday, 14 August 2019 ()
Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the pain of an economic crisis months before elections, but his announcement failed to halt the peso currency's collapse.
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News video: Argentina's President Mauricio Macri Eliminate Sales Tax For Basic Food Products

Argentina's President Mauricio Macri Eliminate Sales Tax For Basic Food Products 00:32

Argentine President Mauricio Macri will eliminate the sales tax of some basic food products. According to Reuters, those include bread, sugar and milk. The sales tax elimination will begin immediately and last until the end of the year. This step is the latest in a series of economic relief measures...

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