The week ended with an unusual feeling at the Civic Center at this time of year: political relief amid an increasingly complex economic scenario. The libertarian ruling party suffered a decisive defeat in the National Congresslargely driven by the deputies from Cordoba meeting in the United Provinces, In Córdoba, Peronism managed to pass a pension reform that the government itself knew was unpopular. “It was necessary to show that Córdoba had political weight and that it could not continue to be ignored,” said a source who has long walked the halls of the Panal.
Behind the marathon session in the unicameral parliament and the synchronized movements of the national MPs allied with Llaryora was a political decision: Restore initiativeorganize the story and force the nation to sit down to “seriously” negotiate the pension resources the province is claiming in the Supreme Court.
Today, Córdoba receives about $5,000 million per month, a figure that the Honeycomb considers symbolic given a much larger structural deficit. Provincial estimates put the lower limit between $10,000 million and $14,000 million per month. The calendar is also pressing. In March, the current transitional regulation expires by order of the Supreme Court and the country must submit the upcoming exams. “The future flow is defined here and not the debt level,” they explain.
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In government they do not hide the anger that has accumulated over the initial treatment of the national government. “At first they ignored us, then in desperation they called to arrange a session.”adds the source, referring to moments of tension that occurred last Wednesday in the Chamber of Deputies before the budget was discussed.
This point marked a break. After the defeat in the House of Representatives (the PU bloc abstained in the first ten chapters and voted against in the 11th, which triggered strong internal criticism in the LLA) it was said: The phones started ringing. “It’s a different climate,” they say. More dialogue, more listening and a moderate expectation of rebuilding a functioning political bond, but without naivety. “The message does not change: we will support what benefits Córdoba. We will not kneel before an ATN. “What we want is a serious negotiation.”warn against the Libertarian government’s decision to release funds to the provinces in the middle of the budget discussion.
A deep bet
At Panal we recognize that the pension reform implemented by the government of Martín Llaryora does not make everyone happy. “Today 100% of pensioners insult us,” the government bluntly admits. However, the political calculation is different: they value it around 65 thousand liabilities Those furthest behind will see a concrete improvement, while the effort will fall on those with the highest incomes.
“There is no magic: those of us who make money from it will never like it.”indicate the source. But he insists that the general equation allows this decompress a system in crisis and build a discourse that the government can support without hesitation. The opposition, however, sharply questioned the project. Judges, radicals, the left and other blocs agreed that this was a hidden adjustment and warned about the real impact that the increase in contributions would have. They also pointed to the executive’s discretion in regulating the law.
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However, The approval in the legislature was interpreted as a positive point in internal provincial politics. The ruling party managed to organize votes, gain certain allies and isolate a seemingly fragmented opposition. They also make an electoral reading in government: the climate of the time, crossed by national adaptation, made possible decisions that would have been impossible at other times. “The caja problem is real and society knows it,” they emphasize.
However, they tacitly admit that something was analyzed after the October elections: There is a section of the electorate in Cordoba that would vote for Milei in a general election and Llaryora in a provincial election.. In Panal, they see gains everywhere: They emphasize that “taking over the agenda” leaves less room for maneuver on issues that have been the libertarians’ “workhorse.” Luis Juez and Rodrigo de Loredo. “In private they throw everything at each other, but you have to admit that they have not yet broken up in public,” they emphasize. Gabriel BornoroniFor now, he is cowering and waiting in silence for his chance to be the purple alternative in 2027. He knows that he is running with the inspector’s horse.
The state government assumes that the strategy of budget management and reducing government costs is linked to a widespread social demand. They are betting that an emerging economic recovery will allow them to continue investing Infrastructure, Health, Training And Securitythree areas they identify as priorities for 2026. However, they recognize that society is expectant and suspicious. “People want facts, not stories,” they admit.
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