Argentina
The Government sent the 2027 Budget to Congress with an inflation projection of 21.1% and an average dollar of $1,728
The initiative also foresees GDP growth of 4% and a 25.4% increase in average wages. The guidelines were reviewed by Luis Caputo at a political table meeting in Casa Rosada.
The national Government sent the 2027 Budget bill to the Chamber of Deputies this Tuesday, with estimates of 4% GDP growth, average annual inflation of 21.1% and a 25.4% increase in average wages.
According to Crónica, Ámbito and La Nación Argentina, the text also includes an average annual exchange rate of $1,728. From the Presidency, according to Crónica and La Nación Argentina, they indicated that this figure should not be read as a forecast but as a calculation based on the current exchange rate and the inflation estimated for 2027.
The bill was analyzed at a meeting of the Government’s political table chaired by Karina Milei in Casa Rosada, attended by Luis Caputo, Diego Santilli, Martín Menem, Patricia Bullrich, Santiago Caputo, Eduardo Menem, Ignacio Devitt and Fabián Fernández.
According to information reported by Crónica and Ámbito, the Budget again projects a positive fiscal result. The Government said that, if those forecasts are met, it would be the first time Argentina strings together four consecutive years of surplus on the financial line without being in default.
On the external sector, the Ministry of Economy estimates exports of more than US$130,000 million and a favorable balance of goods and services above US$15,000 million, according to those outlets.
During the meeting, the legislative agenda was also reviewed. Crónica and Ámbito noted that the ruling party discussed the progress of political reform in the Senate and that the entry this week of the bill for the Law on the Defense of National Sovereignty over Malvinas was announced.
Ámbito added that, unlike previous years, no special presentation by the President or national broadcast is planned to announce the initiative. La Nación Argentina also reported that, in the committee debate, the technical defense would be in the hands of secretaries and undersecretaries of the Ministry of Economy, including Carlos Guberman, and that Caputo’s participation is not planned for now.
Sources
About this note. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not do its own reporting on this event.
