The most eagerly awaited economic projections in the 2027 budget were those the government outlined for key variables: inflation, the dollar-peso exchange rate, and economic activity.

The first point to note is that the economy ministry’s estimates are more optimistic than those of market analysts, a gap that is particularly evident in the economic growth (close to a 1% difference between the two).

The 2027 budget also provides corrected projections for how economic variables will finish this year, showing a significant gap in what the government estimated would happen and the current state of these indicators.

This is evident in inflation — which is currently close to three times what was projected last year — and growth, which has been slashed to a third of what was estimated for 2026.

Corrections for exchange rate and inflation 

In the budget submitted at the end of 2025........

© Buenos Aires Herald