Overview
- Córdoba Governor Martín Llaryora touted an “almost historic” tax relief package targeting SMEs, commerce and services, with possible cuts to agricultural and property levies and about USD 100 million for regional development.
- Opposition blocs in Córdoba demanded that the 2024 investment accounts be addressed before the new budget, warning the announced relief could be more marketing than substance.
- Buenos Aires’ 2026 budget took parliamentary status, with committee work set to resume next week after the electoral pause, and the Executive framing it as a “defense” plan focused on current spending.
- The Buenos Aires proposal seeks legislative authorization for external borrowing equivalent to USD 1.99 billion, notes USD 830 million in external maturities next March and September, and ties municipal financing to passage of its funding law.
- Provincial officials in Buenos Aires said Ingresos Brutos rates will not change, most vehicle owners will see a nominal reduction in installments, additional property tax installments will be removed, and a $900 billion fund will pursue recoveries from national claims while a municipal investment fund is planned.