In dialogue with Channel Ethe political analyst Eduardo Reina He assured that the state budget would be approved and explained that the crucial negotiations took place outside Congress.
The Senate session took place in a climate of political tension, punctuated by regulatory discussions and last-minute negotiations. For queenthe result seems defined: “I believe that the budget will be approved“, he explained urgently.
As he explained, the axis of the conflict lay not so much in the general content but in the voting strategy promoted by Peronism, which attempted to be addressed article by article.
queen He pointed out that the debate had a strong discursive component: “It’s all about showing politics and trying to do politics“, while the ruling party worked in parallel to shield the necessary votes. In this context, he emphasized that La Libertad Avanza avoided any change: “Today they will vote en bloc on what is there, and without any correction, because if not, it will have to go back to the MPs“.
The political keys behind the budget debate
Beyond the enclosure, queen He focused on negotiations with governors and the nation-state’s debts to the provinces. “Do you know what the approval or disapproval of this budget is all about? Essentially in the debt they owe to the governors and the provinces“, he explained. In this sense, he claimed that the agreements were concluded away from the cameras: “Approval comes from the front office rather than Congress“.
The analyst explained that the Ministry of Economy made concessions during the week to ensure a quorum and a yes vote. “I’ll give you this for your province, I’ll give you this for your province“, he summarized, describing the dynamics of the political negotiations that preceded the meeting.
Economy, debt and investments: the challenges ahead
look into the future, queen warned of the limits of the budget as an economic tool. “The government still doesn’t have the debt it has today and the amount of money it needs“, he warned, explaining that the real challenge will be growth. For the analyst, Argentina needs real dollars: “To grow, Argentina needs to rely on real investment“.
He also pointed to the departure of foreign companies and the change of ownership of large companies: “This is the case with many companies.” he said, concluding with a clear warning: “You haven’t seen that yet.“, referring to the arrival of new international investments.
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