Argentine Government Budget 2027 Projects Lower Inflation and Higher Investment

The Argentine government has forwarded an advance of the 2027 national budget to Congress, prepared by Economy Minister Luis Caputo. The 17‑page document projects a continuation of economic recovery through 2029, with a notable slowdown in inflation, a rebound in real wages and household disposable income, increased private investment, and a further decline in poverty and indigence. Growth of the gross domestic product is expected to be driven by higher investment, revived private consumption and a positive contribution from the external sector, while unemployment is projected to fall and job creation to accompany the expansion.

Economists, however, caution that the outlook may be uneven. Roberto Cachanosky points to a split economy, with only about 17 % of sectors performing well and rising informal employment, while Fausto Spotorno notes flat aggregate demand, weak investment and a persistent outflow of dollars through asset hoarding and profit repatriation. Small‑ and medium‑sized enterprises describe a prolonged crisis, with stagnant sales, dwindling employment and a perception of government neglect. The macro picture shows stable exchange rates and low inflation on paper, but underlying weaknesses in domestic demand and investment raise questions about the sustainability of the projected recovery.