Argentine markets welcome 2026 budget but expect structural reforms |
Despite a moderate effect on asset prices, Argentine markets welcomed the legislative approval of the 2026 budget on Friday. According to analysts, markets were expecting the bill to be passed and are now looking to see how the administration will carry out structural reforms.
“The approval of the budget is very important, but it was already expected, hence today’s moderate reaction from financial assets,” independent financial analyst Gustavo Ber told the Herald.
Similarly, Pablo Repetto, head of research at the Aurum Valores brokerage firm, said the approval did not “move the needle much” as there was “no expectation” that the Senate would reject the bill.
Argentine companies on Wall Street, traded through........