Particle.news

Download on the App Store

Benegas Lynch to Lead Budget Committee as Hearings Open on 2026 Spending Plan

An opposition-set calendar now forces the government to secure cross-bloc backing to move the budget to a vote.

Overview

  • The Chamber of Deputies will formalize Alberto “Bertie” Benegas Lynch as Budget and Finance Commission president on Oct. 14, replacing José Luis Espert.
  • Six informative meetings are scheduled from Oct. 14 to Oct. 29, with a committee report targeted for Nov. 4 and a mid‑November floor vote.
  • Espert stepped aside after disclosures that he received U$S200,000 in 2019 from Federico “Fred” Machado, an entrepreneur processed in a narcotrafficking case.
  • The commission’s lineup—Libertarians 6, UxP 20, PRO 7, UCR 3 and smaller blocs—means the government must negotiate with dialoguist forces and provincial governors to secure a dictamen.
  • Initial briefings include presentations by Treasury Secretary Carlos Guberman and Finance Secretary Pablo Quirno, as lawmakers weigh a budget projecting 5% GDP growth, 10.1% inflation, a December 2026 dollar at 1,423 pesos and increases for pensions, health and universities.