Argentina Economy Minister Admits Austerity Won't Lift All Incomes Within Two Years

Argentina's Economy Minister Luis Caputo defended the government's economic program as 'correct' but conceded that even in two years some people will still struggle to make ends meet. This is a notable softening of official rhetoric, acknowledging the prolonged social cost of austerity. The admission may signal political risk ahead of midterm elections, as public patience wears thin.