The government expects the dollar to complete this 2025 by $ 1229, which will increase by 20.4%, while it places inflation by December 22.7% and GDP growth by 5.5% this year, as declared by the government in the first sending of a budget project for 2026.
With the cost of the dollar, it should be clarified that the predicted price for December this year has already exceeded, and the dollar controlled this Thursday at $ 1245. As for last Friday, the growth of the week is $ 40. Growth accelerated on Tuesday of this week, after the Minister of Economics, if he doesn’t, was not there, if it is not given, if it doesn’t, if it doesn’t, if it doesn’t, there was no, if you do not take care that it will not be if it doesn’t. champion. “
The government sent the first version in which it also foresees that it works in a large budget project, in accordance with what was agreed with the IMF.
This supply is found in the context that two years ago Argentina does not have a budget approved by Congress. The IMF asked for the government to receive the approval of the budget by the legislative body.
The government must send a budget project until September 15. With the help of this supply, this confirms his readiness to fulfill this mandate and avoid extension.
From the point of view of the reservation, this has no information in details, and also does not give important details about expectations for the next year, but confirms that it will advance in the fiscal line of adjustment, deregulation and commercial discovery.
The collection in 2026 projects that 22.3% will grow against the expected by 2025.
Thus, they expect tax pressure will increase from 22.23% of GDP in 2025 to 22.74% in 2026. The change will respond to the “pure influence of modifications on the macroeconomic context, as well as on tax policy and administration.”
Although he does not give details about the promised tax reform, he indicates that the growth of the collection will respond to an increase in economic activity, foreign trade, taxable rewards and jobs, prices and exchange rate and income from people and societies.
VAT, which explains 31% of the collection, will increase by 18.7% of the year -on 1026 years compared to the current year.
The increase will be associated with “consumption in nominal terms.” However, the net VAT compensation will decrease by 0.06 percentage points against 2025.
Those who are going to profit will increase by 2026 by 23.3% -n -n -N -are, which is against GDP by an increase by 0.15 percentage points from the incidence of “an increase predicted in prices, an exchange rate, remuneration and imports.”
It also affects the change in the elimination of achievements for commercial societies and updating calculations for humans.
While the governors control the discussion to change the distribution of treasures and fuel tax contributions, the government designes that internal taxes on the part of the competition will increase by 21.4%.
This will respond to differences in the nominal sales of tax products and imports.
The collection for personal goods will fall by 13% from the reduction of aliquot and to eliminate the perception regime for the purchase of currency for the Treasury and for the lower amounts provided for in payment facilities.
Fuel taxes will increase by 61.2% in 2026, updating the fixed amount to determine the tax and foresee that they will continue the updates gradually.
The deductions will increase by 66.7% of the year -for -gap, and will be 1.07% of GDP at 1.50% in 2026.
In addition, he expects that the reduction in the aliquot of Decree 38 has not been expanded. Growth in the collection will respond to a real increase in export of 10.3%.
As for the rights to import and statistical rate, they predict an increase of 7% against 2025 for the predicted increase in imports and the nominal exchange rate.
The collection from the point of view of GDP will affect a decrease in imported tariffs.
On the part of taxes and taxes on taxes, they project an increase of 20.2% to increase tax banking operations.
Social security contributions, personal contributions and contributions of employers will grow by 17.9% from the expected increase in taxable nominal wages and “restoration of jobs”.
“The resources of collecting national taxes and social security contributions will be distributed between the national administration (which will receive 61.3%of the tax collection), other organizations of the non -financial public sector (6.7%) and the provinces of 32.0%, thanks to the joint participant,” they explained.
Thus, the collection corresponding to the National Administration will be 22.5% higher, an increase by 0.34 percentage points of GDP. The national origin of the provinces will increase by 21.3%, which is 7.27% of GDP.
