The Government Confidence Index (ICG), prepared monthly by the School of Government at Universidad Torcuato Di Tella, recorded a 5% increase in May compared to the previous month. With this improvement, the index reached 2.45 points on a scale from 0 to 5, interrupting a series of five consecutive months of decline.
This is not a minor fact: it represents a statistical respite for the libertarian administration after weeks of political wear, corporate resistance, and parliamentary disputes. The report specifies that this level of confidence is only slightly lower than that recorded in May 2017, and 26.7% higher than in May 2021, during Alberto Fernández's administration. The difference with the latter is particularly significant, given the economic and institutional debacle inherited.
The increase in May also allowed the recovery of confidence points that had been lost since December 2023, representing a favorable shift in social sentiment. In year-on-year terms, the index still shows a slight decline compared to May 2023, although the recent strong rebound stands out.
Since its creation in November 2001, the ICG has been built on five essential components:
Government's ability to solve the country's problems.
Honesty of officials.
Efficiency in public spending.
General evaluation of the administration.
Concern for the general interest.
