13/07/2026 16:22 - Politica
The national government led by Javier Milei has set in motion its legislative and electoral strategy looking ahead to 2027. This coming Monday, July 13, 2026, at 3:00 PM, the Casa Rosada (the seat of the Argentine executive branch, equivalent to the White House) will be the stage for a key meeting with legislators from La Libertad Avanza (LLA, the ruling party) to outline structural reforms for the second half of the year.
Center stage is taken by the reform of the Carta Orgánica of the BCRA (Central Bank of Argentina), a project driven by the Minister of Economy, Luis Caputo; the President of the Central Bank, Santiago Bausili; and Deputy Federico Sturzenegger. The initiative seeks to simplify the bank's current five objectives down to just one: preserving the value of the currency. Additionally, it prohibits printing money to finance the fiscal deficit and evaluates the inclusion of a state shutdown mechanism, adapted to the Argentine reality.
The ruling party aims to eliminate the PASO (Open, Simultaneous, and Mandatory Primaries, a unique Argentine system where parties hold internal primaries before general elections). However, they currently lack the necessary 37 senators in the upper house (holding only 21). In this context, Diego Santilli is advancing negotiations with governors from the UCR and PRO (traditional center-right parties) to gather support. Internal polls show a competitive landscape, with Milei at 32 points versus 27 points for his main rival, Kicillof.
The economy supports the government's optimism: the country risk (a financial indicator measuring the likelihood of a sovereign default) stands at 402 basis points, June inflation in CABA (the Autonomous City of Buenos Aires) was a mere 1.8%, and the IMF projects a 3.5% growth for Argentina. Furthermore, the financial plan projects covering USD 24.9 billion for the year 2027.
The government has already presented a preview of the 2027 Budget, signed by Caputo and Santilli, which reaffirms fiscal balance, tax reductions, and the continuation of the anti-inflationary plan. The project must be sent to the Argentine National Congress before September 15, 2026.
Parallel to this, the administration seeks to consolidate an atom and energy diplomacy based on the export of nuclear reactors. The ultimate goal is to achieve the coveted investment grade, leaving behind the 'junk bonds' category, and thereby diversifying the national productive matrix.
Alfredo S. Quiroga
