The Chamber of Deputies discusses the project on the 2026 budget law submitted by the executive branch The ruling party receives half the approval of the majority opinion That would allow it to go to the upper house for the remaining half of approval.
The project’s articles are based on Government economic forecastswhich enables its execution.
Article 1 of the bill states: “The budget for the financial year 2026 must be finalized.” an execution with a balanced or surplus financial result.”
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According to the analysis by the Congressional Budget Office (CPO) a Financial surplus for the national public administration of $0.2 billionwhich increases to $2.7 trillion for the entire national public sector, which includes public corporations, trust funds and other government entities.
Macroeconomic forecasts
The project assumes GDP growth of 5%, supported by an increase in private consumption, investment and exports. “The growth forecast for the period 2025-2028 of both GDP in general and investments would lead to robust import growth, which will be weakened from 2027,” said the OPC.
In addition, it is estimated that a Inflation was 10.1% and the dollar price was $1,423. “Starting this year, sustained growth is forecast, a clear trend toward disinflation and a movement in the value of the North American currency below inflation.”
Other highlights of the budget according to the OPC
– ARCA and PAMI budgets will be submitted for legislative approval as provided for in the 2025 budget project.
– Collection will increase by 0.47% of GDP, with greater pressure on fuel and income tax and greater pressure on private wealth.
– The increase in co-participation taxes explains higher provincial revenues from this source.
– Spending on benefits, an item with a large impact on the total, increases by 5.7% in real terms compared to last year, and salaries excluding bonuses would show a real improvement of 12.6% this year.
– For pensioners, the continuity of the pension is assumed. current bonus for a minimum asset of $70,000, with no increases in 2026. It also calls for a decrease in average monthly disability pension recipients by 155,000 fewer.
– The Current transfers to provinces increase by 31.1% compared to the closure planned for this year and universities 8.8%. Security does not identify transmissions to CABA.
– Public companies will receive $4.4 billion in current and capital transfers from the National Public Administration (APN).
– Total income allows for a surplus, so The net financing requirement will be -0.2 trillion US dollars.
LM
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