Overview
- Officials set 2026 targets of 5% GDP growth, 10.1% inflation and ARS 1,423 per US dollar, reaffirmed a primary-surplus path, and dismissed the IMF’s more pessimistic outlook.
- The government confirmed no change to the exchange-rate band regime, describing a float within bands and pointing to stability after the electoral outcome.
- Plans include bringing private capital into state firms such as Nucleoeléctrica and AySA while retaining state control, alongside promotion of the RIGI, which officials say carries zero tax expenditure.
- Pensions will adjust by the inflation-based formula and the additional bonus remains a discretionary decision of the Executive, with selected social programs flagged for adjustments.
- Fuel taxes will be “normalized” as a fixed sum rising by roughly 1% of the pump price each month, and legislators indicated the budget vote will likely occur after December following talks with governors.