“The fiscal balance is the cornerstone of our government plan”, The president pointed out Javier Milei when referring to the 2026 Budget Law. also announced an increase in real terms (inflation) for the following concepts:
In this way, the government gives an answer to the different claims raised by these sectors.
Balance
The budget project “guarantees fiscal balance and prevents the treasure from financing by the Central Bank.”
Regarding the composition of the expense: 85% of the budget is used for education, health and retirement; Government’s priority is human capital. ”
According to Milei “just for having reached the fiscal surplus, Argentina would reach a 5% annual growth base.” If this surplus “reforms are added, we could talk about a growth of 7% or 8% per year in a sustained way.”
As noting “growing at these rates implies resembling high -income countries in 10 years, in 20 years to be among the richest countries in the world and in 30 years to be one of the three world powers.”
Message to people
In a message to people, Milei said “The toughest years to face were the first. The worst has happened.” And then thank the Argentines “for the enormous support they demonstrated throughout this first period.”
He considered that Argentines “are the protagonists of this process, are the ones who have undertaken the arduous way of growing and embrace the ideas of freedom”, in what is interpreted as the intention of associating the population to government adjustment policies.
He also aimed to reactivate expectations by pointing out that: “The fiscal order and balance are the difference between working for a better future, or living locked in a stormy and decadent present.” In this sense, he insisted that “It has cost us a lot to get here. We have all made huge efforts to get out of the well where we were when we assumed. And although the road is hard, the course is correct.”
With a message of not abandoning the way he said that “If we do not finish the process of change we have undertaken, we will have thrown in the trash all the effort we have made.”
Achievements
The Head of State referred to the results of his management by celebrating “the sustained low inflation, the decrease in poverty, tax decline, and the exit of the CEPO as great achievements.”
However, he said that “it is also true that during these 20 long years many Argentines have lost everything, and they have been worse and worse.”
In this regard, he assured that “Beyond the success of our management in correcting the collapse of decades, we understand that many do not yet perceive it in their material reality.” In this way, the government admits that certain sectors of the population have not yet reached the benefits of the economic program.
Politicians
“The future of Argentina depends on the people and politics committed to the fiscal order”the president said in reference to the role of politicians. He warned that: “If we fail, we will fall back into the well of uncontrolled inflation and the destruction of all expectation in the country.”
In a clear approach to the leaders of the Interior, he said that “working side by side with the governors, deputies and senators who want a different Argentina, we will achieve the background reforms.”
Immediately, the budget project is the first to include “The Reciprocal Obligations Extinction Regime, to continue recomposing the relationship between the National State and the Provinces.”
Private sector
“For the first time in decades, this primary surplus will allow the public sector to finance the private sector to develop works that make the country’s infrastructure and logistics”Milei said.
After pointing out that “if we want more companies to invest, we have to stop seeing businessmen as public enemies.” He clarified that this happens when “taxes are systematically uploaded, the fiscal balance is torngled by raising the country risk, the property right is violated, and the rules of the game are changed on the march as we have done for so many decades.”
Announced that It will seek to create a simplified regime of the Affidavit of Profit. The intention is to “restore the so bastarded presumption of fiscal innocence.” Thus, he emphasized that “this absurd idea is over that the State considers all its citizens as a preventive criminals.”
Source: Ambito
