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President #Macri, in an attempt to reduce the yawning budget deficit decreed that there will be a hiring freeze for most of the public sector and there will be no wage increases for public sector workers until December 31, 2019.https://www.cronista.com/economiapolitica/Las-claves-del-decreto-que-firmo-Mauricio-Macri-para-recortar-gastos-del-Estado-20180710-0047.html …
The size of #Argentina’s state is enormous compared to its neighbors. According to #IMF data, in 2016 the public sector wage bill in Argentina stood at 12.5% of GDP. Chile’s stood at 4.4%. And at much lower cost, Chile’s bureaucracy is more transparent and effective.
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