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PRO Ties Backing of 2026 Budget to Guarantee of Coparticipation Transfers to Buenos Aires City

The demand follows payment delays under a 2024 court-brokered scheme that the city says created new arrears.

Overview

  • Buenos Aires Mayor Jorge Macri said the national government’s payment obligations to the city must be explicitly written into the 2026 Budget bill.
  • Macri plans to present the demand to Economy Minister Luis Caputo in a meeting scheduled for Tuesday.
  • Macri argues that recent delays in transfers have produced a new debt, prompting the push for budget language that secures the flows.
  • In September 2024, Nación and CABA agreed to transfer the court-ordered 2.95% share via a mixed mechanism: 1.40% through daily deposits and 1.55% through weekly transfers.
  • PRO has conditioned its congressional votes for the national budget on including the coparticipation payment terms, increasing pressure on the government to resolve the issue.