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flag Argentine austerity cuts inflation, boost fiscal surplus, but poverty spikes to 50%, with recovery signs.

flag Argentine President Milei's austerity measures have cut inflation to its lowest in four years and achieved a fiscal surplus, but poverty has surged to 50%, its highest in two decades. flag Despite causing a recession and rising unemployment, there are signs of recovery, with the World Bank predicting a 5% economic expansion in 2025. flag The central bank has also gained foreign currency reserves.

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