Argentina Passes Milei’s First Budget, Betting on Low Inflation and Fiscal Surplus
Key Points Congress passed the first Milei-written budget, replacing two years of rolled-over spending authority. The plan bets on 10.1% inflation, 5% growth, and a 1.2% of GDP primary surplus in 2026. A late fight over scrapping legally protected funding floors, especially for science and technology, showed where resistance still sits. After an extended session […]