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Kicillof Unveils Buenos Aires 2026 Budget, Tax Bill and Debt Request Ahead of Tight Legislative Window

The push seeks borrowing authority to keep wages paid despite falling national transfers.

Overview

  • Kicillof publicly launched the budget package in La Plata with mayors, legislators and unions, sending it to the provincial Legislature for immediate treatment.
  • Technical briefings begin Tuesday as Economy Minister Pablo López and ARBA chief Cristian Girard open commission hearings on spending, revenue and the tax bill.
  • The government frames the debt authorization as refinancing past liabilities to avoid cutting operating outlays and to secure salaries, aguinaldos, services and municipal support.
  • Buenos Aires maintains the Nation owes roughly 12–12.9 billones de pesos—including ANSES transfers, 2017 fiscal consensus offsets and FONID—and has sued in the Supreme Court.
  • Negotiations intensify before the December 10 turnover that could complicate debt votes, with internal Peronist blocs and the opposition pressing for mayoral funds and seats in key bodies.