Argentina
The ruling party plans to open debate on the 2027 Budget in the Chamber of Deputies in October
The Government expects committee debate to begin in the first week of October, with Federico Furiase as the first speaker. The bill includes inflation, growth and exchange-rate targets for 2027.
The Government has already defined a roadmap to begin consideration of the 2027 Budget in the Chamber of Deputies, following the formal submission of the bill. According to Ámbito, the official plan is to open the debate in committees during the first week of October, and one of the dates being considered is Wednesday, October 7.
According to iProfesional, the ruling party also floated the possibility of starting on October 5. In both cases, the first presentation would be delivered by the Secretary of Finance, Federico Furiase.
The bill will have to go through the Budget and Finance Committee of the Chamber of Deputies. According to iProfesional, the delay in the start of the debate is due to the parliamentary calendar opened by other issues promoted by the opposition, including initiatives on disability emergency and household debt.
Ámbito said the Government is seeking to approve its second Budget law, following the enactment of the current law in December last year during the extraordinary session period. In the two previous years of Javier Milei‘s administration, the government operated under extended budgets.
As for the content, the Minister of Economy, Luis Caputo, presented the main projections included in the text to the Government’s political table. Both Ámbito and iProfesional mentioned an estimated growth rate of 4% and an average dollar of $1,728 for 2027.
On inflation, Ámbito indicated an annual forecast of 21.1%, while iProfesional spoke of cumulative inflation of 18% for December next year. Both outlets also agreed that the Executive Branch expects to maintain a positive fiscal result and a surplus on the financial line.
In addition, Ámbito reported that the Government expects exports of more than US$130,000 million and a favorable trade balance of more than US$15,000 million. iProfesional specified that exports of goods and services would approach US$134,000 million, with imports of US$118,424 million.
According to Ámbito, the political table meeting also reviewed the rest of the legislative agenda and anticipated the submission this week of the bill on Defense of National Sovereignty.
Fuentes
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 conduct its own reporting on this event.
