Overview
- The upper house passed the budget 46–25 with 1 abstention, delivering Javier Milei his first budget law after two years of extended appropriations.
- Senators validated voting by chapters and approved the contentious Chapter II 42–28 with two abstentions, removing statutory funding floors for education, science, technical education and defense.
- The law retains Article 12, which empowers the government to suspend transfers to national universities if required reporting is deemed insufficient.
- Crossbench deals proved decisive as three Convicción Federal senators backed the government, while parts of the UCR supported the budget in general but rejected Chapter II.
- The plan projects 2026 GDP growth of about 5%, 10.1% annual inflation, an official exchange rate near 1,423 pesos in December and total spending of roughly 148 trillion pesos.