Overview
- The provincial legislature cleared the financing this week, which officials say is a refinancing of past maturities from the María Eugenia Vidal administration.
- Economy Minister Luis Caputo publicly questioned granting the request, arguing Buenos Aires Province may be breaching the Fiscal Responsibility Law.
- Governor Axel Kicillof demanded an immediate sign-off and said the Nation owes the province ARS 13,000 million, noting a Supreme Court filing to recover transfers.
- Provincial economy minister Pablo López said the authorization equals roughly a third of what the Nation allegedly owes—about USD 9,000 million—and estimates total resource losses near USD 11,500 million.
- Provincial data show an 8.9% real drop in revenue-sharing transfers, and the authorization remains unresolved as the dispute with President Javier Milei’s administration intensifies.