However, in Argentina, today’s political capital could become tomorrow’s liability if the president fails to acknowledge that macroeconomic consolidation is a political endeavor as well as an economic one. Calm was only restored after the political risk subsided, aided by a victory that strengthened Milei’s government in both houses of Congress. The financial outlook for 2026 remains demanding, with Argentina facing maturities exceeding US$19 billion. Economic activity: less heterogeneity and more employmentFollowing a recovery in 2025, with analysts estimating growth of 4.4%, the IMF expects 4% growth in 2026. The government aims to pass economic reforms in Congress early in 2026, particularly labor reform.

Source: Bueno Aires Herald January 04, 2026 16:53 UTC