Argentina Submits 2027 Budget Bill to Congress, Foresees 4% GDP Growth
The plan sets 4% growth, 18% inflation and a trade surplus above $15 billion as Milei seeks to lock in his economic agenda.
- Argentina's government, led by President Javier Milei, presented its 2027 budget proposal to Congress on Tuesday, outlining economic projections and spending priorities ahead of next year's presidential election.
- Forecasts in the bill project 4% GDP growth in 2027 from an expected 3% this year, while annual inflation is projected at 18% compared with 29% this year and a trade surplus exceeding $15 billion.
- Serving as the administration's final full-year fiscal plan before the 2027 election, the budget functions as a roadmap for economic and political priorities during the upcoming campaign.
- Milei plans to increase defense spending to strengthen sovereignty claims over the Falkland Islands, known as the Malvinas, after signals from President Donald Trump that Washington's neutrality could soften.
- Since taking office, Milei has prioritized spending cuts to eliminate the fiscal deficit, with the proposal now moving to the budget committee and Congress for approval.
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The bill sent to the Chamber of Deputies for next year, in which Milei will seek re-election, foresees fiscal and commercial surpluses
Santa Maria Times
Independent EspañolBUENOS AIRES (AP) — The government of Javier Milei plans for the last year of his first term to maintain the fiscal surplus, a growth of 4% of GDP and accumulated inflation of 18%, according to the main guidelines of the project...
Argentina submits 2027 budget bill to Congress, foresees 4% GDP growth
Argentina's government presented its budget proposal for 2027 to Congress on Tuesday, detailing the economic projections and spending priorities of President Javier Milei before next year's presidential elections. Also read: Argentinos sees a worsening of the economy under Milei, despite Milei's stabilization in social media starts to fail in Argentina Argentina expands judicial offensive against oil exploration companies in the Malvinas Accordi…
The libertarian administration’s projections include an average dollar of $1,728 and trade surplus of $15 billion. It also plans to close the year with financial surplus
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