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Caputo Meets Jorge Macri Over CABA Transfers as Santilli Takes Interior Post

Officials are sequencing Congress with a December vote on the 2026 budget, with broader reforms deferred to a later extraordinary period.

Overview

  • Javier Milei swore in Diego Santilli as interior minister on Tuesday, tasking him with provincial outreach to secure backing for the 2026 budget.
  • Luis Caputo hosts Jorge Macri at the Economy Ministry to negotiate inclusion of Buenos Aires City’s coparticipation flows and the outstanding debt in the budget text.
  • Buenos Aires City seeks to formalize a 1.4% daily transfer plus a 1.55% weekly transfer, after reported delays created a new liability that the City wants regularized.
  • The government plans to split extraordinary sessions, targeting budget approval in December while moving labor, tax, penal code and Glaciers law changes to a later tranche as draft texts remain under wraps.
  • Congressional leaders Martín Menem and Patricia Bullrich align vote counts for a December budget push, while opposition sources warn of possible fractures in Unión por la Patria as governors engage the Casa Rosada.