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Milei Gathers Dialoguist Governors at Casa Rosada to Build Support for Labor and Tax Reforms

The outreach runs under tight macro conditions, with reserve accumulation delayed to 2026 plus a 5.1 trillion‑peso Treasury issue due Friday.

Overview

  • About 16–20 invited provincial leaders were set to attend, while Buenos Aires governor Axel Kicillof was not invited, according to officials and provincial sources.
  • The government is seeking negotiated backing to move labor and tax bills that will be drafted after a mid‑December final report from the tripartite Consejo de Mayo.
  • Officials are targeting extraordinary congressional sessions early next year for the reform package, contingent on consensus built with governors and the Council.
  • Chief of Cabinet Guillermo Francos publicly dismissed exit rumors and remains in place, and he is slated to accompany the President at the meeting.
  • The Central Bank published that reserve purchases are planned to begin in 2026, while the Treasury will issue 5.1 trillion pesos on Friday after a weaker‑than‑expected rollover, a move markets view as potentially supportive of dollar pressure.