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Jorge Macri Presses for Coparticipation Payment, Keeps Supreme Court Option Open

Talks with Economy Minister Luis Caputo continue after Congress removed the budget article earmarking the transfers.

Overview

  • Buenos Aires City and the national government are negotiating directly, with Macri saying he still hopes for a political deal without escalating the court case.
  • City estimates put the unpaid transfers tied to the 1.55% share at roughly ARS 370–450 billion, accruing by about ARS 20 billion per week since August.
  • The legislative path was closed when Deputies struck Chapter XI from the 2026 Budget, and allies signaled it will not be restored in the Senate.
  • Under the current scheme, 1.4% is sent by daily automatic transfer and the additional 1.55% was structured as weekly payments that began to fall into arrears mid‑2025.
  • Macri says he could accept mixed payment formulas, including partial financing or specific assets such as the former Liniers cattle market or port‑area land, while asserting the Supreme Court’s cautelar obliges payment and preserves the City’s rights.