Economist Damián Di Pace analyzed the impact of the recently approved National Budget, stating that the new roadmap aligns more closely with market reality, thereby reducing error margins for businesses and households.
"They were very liars or were overly optimistic," Di Pace said.
"I will be fully honest," he added.
Di Pace noted that the projected growth in energy, mining and agriculture exports is 10.6 %, considering it more realistic than previous estimates. He also highlighted the gap between the government's 10.1 % inflation forecast and the market's 16.1 %.
The economist also criticized the removal of investment floors in education, science and defense, insisting that state financing must be strictly linked to control and accountability.
Regarding the exchange rate, Di Pace warned that the 1.425 peso rate fixed in the budget is already outdated; the market sees it closer to 1.780 pesos by year‑end.
Private consultancy consensus estimates a baseline growth of 4 %, while the official text projects 5 %.
"For the future, Di Pace sees the differences narrowing and fiscal policy staying aligned with economic reality," he said.
"I like having this as a benchmark; I don’t like the floor to drop," he concluded.
