Overview
- Argentina’s draft would lower national education investment to about 0.75% of GDP in 2026 and repeal the law that set a 6% of GDP minimum for the sector.
- Education Secretary Carlos Torrendell and university policy chief Alejandro Álvarez told deputies the allocation will rise in real terms and that universities, slated for ARS 4.8 trillion, can meet their needs, while confirming the university financing law will not be applied.
- The proposal concentrates about 77% of national education funds in higher education, expands the literacy plan focused on extended school days, and sharply cuts infrastructure (-62.9%) and technology training (-49.6%) while dropping Conectar Igualdad.
- Ex finance secretary and current foreign minister Pablo Quirno said U.S. financial support carries no conditions and cited budget assumptions of 10.1% inflation, 5% real GDP growth and an end-2026 exchange rate of 1,423 pesos per U.S. dollar.
- In Mexico, the Senate approved the 2026 Revenue Law totaling 10.193 trillion pesos, the Budget Commission circulated the spending bill without reallocations for a Monday vote, and Morena leaders signal potential 17–18 billion peso shifts to education, culture, agriculture and road works next week.