After the speech of President Javier Milei, the government announced the macroeconomic projections of the Budget 2026. For December next year the ruling party estimates that the price of the dollar will be even lower than the current value and that inflation will continue to slow down significantly.
Specifically, the expected wholesale exchange rate is $ 1,423while the official forecast for the variation of the Consumer Price Index (CPI) is 10.1%. In addition, a Real Increase in the Internal Gross Product (GDP) of 5%.
Also, the 2025 estimates They were striking. Particularly that of the dollar, since the government provides for a value of $ 1,325 For next December, when the price today is $ 1,467; From here it follows that Milei and his economic team see greater exchange calm and after the October elections.
In terms of inflation, the expected figure is 24.5%somewhat higher than 20.2% estimated by the participants of the last survey of market expectations (REM) prepared by the Central Bank (BCRA). At the same time, the projection of the Executive Power for the GDP is 5.4%a value far higher than 4.4% that calculated the private sector after the cooling that economic activity has been showing through the combo of high interest rates and stagnant real salaries/in fall.
As for the rest of the variables, the Expected deterioration for the trade balance of goods and services. According to the budget, in 2025 the “red” would be -u $ 2,447 million, while in 2026 it would become -U $ S5.751 million.
For Javier Milei, the fiscal balance is the only solution for Argentina’s problems
In its presentation of the 2026 budget, Milei put the fiscal balance as the central axis of his speech. He remarked that it is the key to ensuring “decades of unimaginable growth” and that “is the Definitive solution to Argentina’s problems“
The president said that “only for having reached fiscal balance and to maintain it over time, Argentina would reach, according to various studies, a 5% annual growth base“If the structural reforms are added to that, he added, the figure could climb at 7% or 8%.
Source: Ambito
