US EditionLegislature: Debt Negotiations in Buenos Aires Continue in a Climate of Mistrust
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The Buenos Aires legislature today turned its back on the financing project submitted by Governor Axel Kicilof and, although there is a technical possibility to treat it in extraordinary, the chances of approval are slim. At 10.15 today, after a 36-hour intermediate quarter, the bloc leader of Peronism, Facundo Tignanelli recognized that the ruling party was practically alone and that there was no number to resume the session. “It seems that the…
After the approval of the Budget and the Tax Law 2026, the Buenos Aires Legislature faces a crucial day this Friday with the continuity of the fourth intermediate until 10 in the morning, although it is expected that the negotiations will be extended. At stake is the law that authorizes the governor Axel Kicilof to take up debt for up to $3.035 million (which the Executive seeks to supplement with another $500 million for state enterprises such …
It is called to sit in the Buenos Aires parliament. The ruling party needs two thirds to authorize a debt of more than US$3 billion, but internal obstacles and opposition persist. The distribution to the municipalities and the positions in BAPRO, in the center of the Tyroneo.
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