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With economic storm breaking, Argentina's Macri announces relief measures

Credit: Reuters- Published on August 14, 2019
Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and lower taxes for workers to lessen the impact of an economic crisis just months before a re-election bid, but his announcement did not immediately halt the peso currency's collapse.
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Credit: Wochit News
Published on August 15, 2019 -  00:32
Argentina's President Mauricio Macri Eliminate Sales Tax For Basic Food Products
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 Macri is testing out. Macri’s new measure also comes after an upset by opposition candidate Alberto Fernandez in the primary election.

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