US EditionKicillof Achieved the Budget and the Fiscal Law, but the Debate over Indebtedness Was Postponed
11 Articles
11 Articles
LA PLATA. – The government of Axel Kicillof and the Buenos Aires Legislature declared on Thursday the economic emergency in the province of Buenos Aires and in its 135 municipalities. The measure applies until March 31, 2027 and is part of the package of Budget 2026, approved in the morning.The Law on Finance also received sanction, while the Law on Financing, with a request to take debt for US$ 3,035 million, was postponed —for now — until Frid…
He obtained the simple majority in Deputies and the Senate to vote two of the three laws of the economic package. However, what the president required most is the financing law that will be discussed in the next few days.
For the year 2026 an investment is announced that is around 14 million pesos. Added to these works is the northern cloacal collector, which had already been announced weeks ago. On Wednesday, after a double marathon session in Deputies and the Senate, Governor Axel Kicilof got the approval of the Budget Law 2026 and the Fiscal Law. On Thursday the details of some of the planned works and the investment projected for the Party of Olavarría were k…
The Buenos Aires Legislature finally sanctioned Budget 2026 and the Tax Law, two central tools requested by Governor Axel Kicillof to order next year’s expenses and revenues, to guarantee fiscal sustainability and to sustain public investment in a context of recession and drop in national transfers. Meanwhile, the debate on the borrowing request will have to wait, at least, until Friday. A budget of 43 billion pesos with strong investment in cap…
The "law of laws" that was passed in Deputies and in the Senate of the province of Buenos Aires projects a total investment of more than 43 billion pesos with a focus on social spending and infrastructure. The Fiscal project raises a decrease in Patents and Real Estate Tax. For the indebtedness, the governor did not have support from the opposition. From the left they speak of "an adjustment budget that does not reach or tie inflation." The Sena…
With the postponement of the financing project, the government took more time to negotiate with the opposition over sites on the board of the Banco Provincia and other public bodies; in addition, it will allow him to continue the conversations with the mayors for the funds to do public work in the municipalities. Read more
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
