---
title: "Argentina's Milei vetoes university funding law"
description: "Argentina's President Javier Milei vetoed a university funding law passed by Congress last month, the official gazette showed on Wednesday."
type: "NewsArticle"
publisher: "Daily Maverick"
site: "https://www.dailymaverick.co.za"
section: "Newsdeck"
author: "Reuters"
author_url: "https://www.dailymaverick.co.za/author/reuters/"
canonical_url: "https://www.dailymaverick.co.za/article/2025-09-11-argentinas-milei-vetoes-university-funding-law/"
published: "2025-09-11T04:23:03"
updated: "2025-09-11T04:23:06"
lang: "en-ZA"
word_count: 72
---

# Argentina's Milei vetoes university funding law

> Argentina's President Javier Milei vetoed a university funding law passed by Congress last month, the official gazette showed on Wednesday.

By Reuters · Published 11 September 2025, 06:23 SAST · Updated 11 September 2025, 06:23 SAST

## Key points
- In a move that could make even the most optimistic accountant break into a sweat, Argentina's new university budget law promises to splurge a staggering $750 million while leaving the fiscal fairy dust decidedly lacking.
- New legislation seeks to boost and restructure public university budgets in Argentina.
- Critics warn it could lead to fiscal imbalances and threaten macroeconomic stability.
- The financial impact is projected at 1.069 trillion Argentine pesos (approximately $750 million).
- Concerns arise over the sustainability of increased public spending without adequate funding sources.

## Content

The legislation aimed to increase and restructure the budgets of public universities.

"The promotion of a measure like this one, which disproportionately increases public spending without sufficient resources to cover it, creates a fiscal imbalance that threatens macroeconomic stability," the official gazette stated.

The law would cost the state 1.069 trillion Argentine pesos ($750 million), it added.

(Reporting by Eliana Raszewski, Writing by Natalia Siniawski; Editing by Himani Sarkar and Muralikumar Anantharaman)