Story perspectives

Argentina's Senate Approves 2026 Budget, Boosting Milei's Agenda

12/29/2025

Summary

Story summary

Argentina's Senate approved the 2026 budget by a 46-25 vote, marking a significant legislative win for President Javier Milei.
The budget is Milei's first major test since taking office after the October midterm elections.
It allows foreign debt issuance and supports Argentina's $20 billion IMF agreement, aligning with a predecessor law.
Opposition over changes to university and disability funding led to compromise, and lawmakers will discuss Milei's labor reform in February.

1 of 1

Story summary

Argentina's Senate approved the 2026 budget by a 46-25 vote, marking a significant legislative win for President Javier Milei.
The budget is Milei's first major test since taking office after the October midterm elections.
It allows foreign debt issuance and supports Argentina's $20 billion IMF agreement, aligning with a predecessor law.
Opposition over changes to university and disability funding led to compromise, and lawmakers will discuss Milei's labor reform in February.