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GOV RADAR / Americas

Argentina

아르헨티나 · AR

Updated 2026-10-30 · as of 2026-10 (2027 예산안) · Stable

The Milei government filed its 2027 budget on 15 September 2026, assuming 4% growth, 18% inflation and a fourth straight fiscal surplus. It passed a labor reform and ratified the EU-Mercosur deal in early 2026 and is pursuing tax reform and deregulation.

Government · leader

President Javier Milei / Chief of Cabinet Diego Santilli (since late June 2026)

Key national agenda

  • Keeping a fiscal surplus (2027 primary balance 1.3% of GDP)
  • Bringing inflation down (18% target for 2027)
  • Tax reform and deregulation
  • Implementing the labor reform (passed Feb 2026)
  • Trade opening (EU-Mercosur, trade deal with the US) and attracting large investments (RIGI)

Government programmes

2027 budget bill

Projects 4% growth, 18% inflation, a primary surplus of 1.3% of GDP, an overall surplus of 0.2%, and exports above USD 130 bn

AgencyMinistry of Economy
StatusUnder congressional review
Sources
Labor market reform law

Flexible hours (up to 12 a day with compensation), strike limits in critical infrastructure, more predictable severance costs

AgencyCabinet / Ministry of Human Capital
StatusCompleted (enacted)
Sources
EU-Mercosur agreement ratification

Senate ratified on 2026-02-26; the EU announced provisional application the next day

AgencyMinistry of Foreign Affairs
StatusOngoing
Sources
Tax reform and deregulation package

Tax, regulatory and education reforms among 90 measures announced in the March address to Congress

AgencyMinistry of Economy / Ministry of Deregulation
StatusPlanned
Sources
Buenos Aires Mitre railway modernization (World Bank)

Commuter rail upgrade including Mitre Line substation works

AgencyADIF S.A.
StatusTendering
Sources

Business opportunities

AI solutions for public-sector workflow automation and simplification

Ongoing deregulation and state downsizing mean administration must run with fewer staff.

Ministry of Economy, Ministry of Deregulation, provincial governments

State-company governance and privatization readiness consulting

SIGEN runs a state-company governance program, showing strong demand for improvement.

State-owned companies, SIGEN

Argentina and Mercosur entry support for Korean SMEs

Trade opening and slowing inflation are widening the import market (estimated).

Korean SMEs targeting Latin America

Local supply-chain matching for RIGI mining and energy investors

Large-investment incentive (RIGI) projects are under way in lithium and energy (estimated).

RIGI-approved investors

Tenders

  • Rectifier substation works on the Mitre Line (San Fernando, Victoria, San Isidro, Olivos, Núñez, Palermo) · ADIF S.A. · Deadline 2026-11-17

Korean support schemes

  • KOTRA Buenos Aires trade office · KOTRA — Supports market information, buyer search and guidance on import rules.
  • Export Voucher · MOTIE / Ministry of SMEs and Startups — Vouchers cover local certification, translation and consulting costs.
  • Overseas infrastructure investment support · KIND — Supports feasibility studies and investment in rail and energy infrastructure projects.

Official notices

Government of Argentina portal (argentina.gob.ar)

  • 2026-09-15 2027 budget bill sent to Congress (President Milei, Economy Minister Caputo)
  • 2026-10-28 Results of cash auction of peso- and dollar-denominated Treasury instruments
  • 2026-10-28 Anti-Corruption Office trains participants in SIGEN's state-company governance program

Disaster · conflict · epidemic

Stable 2026-10-30

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Agencies

Sources

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