PAMI faces sustainability crisis amid Argentine budget tensions

The Argentine government faces a growing crisis regarding PAMI, the country's largest social security provider for retirees, which serves approximately 5.5 million affiliates. Analysts warn that the system is becoming unsustainable due to an aging population and a lack of sufficient funding from active workers and the Treasury.

Reports indicate tension between Health Minister Mario Lugones and Economy Minister Luis Caputo over the institution's budget. While there were discussions regarding a potential 40% budget increase to ensure PAMI functions adequately, Caputo reportedly rejected the request, citing the necessity of maintaining the government's financial surplus and fiscal balance.