Overview
- The Senate convenes at 12:00 to take up the Presupuesto 2026 and the Inocencia Fiscal bill, with the government confident of securing general approval of the budget.
- Article 30, which removes statutory funding floors for education, science and technical schools, faces resistance from UCR members and Convicción Federal and could send the bill back to Deputies under tight year-end deadlines.
- Article 12 on university funding is another flashpoint, after Deputies previously blocked cuts to universities and disability programs, a change the Congressional Budget Office estimates adds roughly 0.5–0.7% of GDP in inflexible spending.
- The budget projects about 5% GDP growth in 2026, annual inflation near 10–10.4%, an official exchange rate around ARS 1,423 by December 2026, a primary surplus target near 1.5% of GDP, and a continued ban on central-bank financing.
- The Inocencia Fiscal proposal updates penal-tax thresholds and creates a simplified income-tax declaration to encourage use of informal dollar holdings, with the Treasury pledging softer fine procedures via ARCA reminders before sanctions.