The Argentinian government is investing heavily in infrastructure, hoping to win over sceptical voters.
The motion passed by a narrow margin after two days of contentious debate. The bill has also been hotly debated in the conservative South American country. The measure will now move to the Senate.
Argentina's central bank has performed a series of rapid-fire rate hikes to help stabilize the national currency. The country wants to prevent a repeat of its 2001-2 economic crisis that left its population in poverty.
In the Argentine president's first visit to Moscow, Mauricio Macri signed an accord for strategic dialogue with his Russian counterpart. Plans for a Russian nuclear power station in Argentina were also developed.
Argentina's parliament has approved a pension reform bill following violent protests in the capital, Buenos Aires. More than 150 people were injured in the clashes.
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