Milei's commitment to a fiscal surplus has caused confidence: the Buenos Aires Stock Exchange and dollar-denominated bonds are experiencing significant increases
At Tuesday's opening, the S&P Merval index rose 2.6%, reaching 1,790,000 points. Meanwhile, battered sovereign bonds in dollars rebounded by an average of 2.5%, marking a strong recovery in confidence. Country risk remains around 1,200 points, but with a downward trend following the announcement.
ADRs of Argentine companies on Wall Street also traded higher, led by Banco Supervielle, which climbed 5.1%, reflecting international optimism.
Milei guarantees fiscal balance
El mercado celebra el Presupuesto 2026: suben acciones y bonos argentinos
The central message from the President was clear: the national administration will maintain the fiscal surplus as the anchor of its economic policy. At the same time, he emphasized that the budget allocates more resources to key areas such as pensions (+5%), health (+17%), and education (+8%), reaffirming his administration's social commitment.
The Government also projects for 2026 a GDP growth of 5%, inflation of just 10.1%, and an official wholesale exchange rate of $1,423 by the end of that year. These projections convey predictability and confidence to investors, which is key to consolidating economic recovery.
Confidence in the economic direction
El mercado celebra el Presupuesto 2026: suben acciones y bonos argentinos
The President's tone was both firm and moderate, highlighting his willingness to work with governors and legislators to ensure consensus that will strengthen structural reforms.
For financial analysts, the fiscal surplus presented is an unequivocal sign of seriousness and commitment to macroeconomic order, which is key to sustaining the recovery of confidence in the markets.
