The Government seeks to calm financial market expectations with a special session in the Chamber of Deputies to discuss the DNU that approves borrowing from the IMF. Anxiety remains centered on the agreement with the international organization. The meeting will be a key indicator of what happens in the chamber.
In the bicameral committee reviewing the decrees, members of the economic team will present arguments supporting the urgency of the situation. Fiscal numbers indicate a willingness to uphold the main anchor of the program rather than immediate solvency. Economic officials will explain the basis of the understanding in the session.
Milei's favorite economist speculates on the lifting of the currency controls and gives a pessimistic forecast. The financial market is cautious in the face of the Government's urgency. Revenues show a more limited margin compared to expenses. Caputo announces a positive balance in February at both primary and financial levels. Volatility will persist until the IMF speaks and reveals the final details of the agreement.
The minister emphasizes that in 2025, the PAIS tax and some withholdings, temporarily reduced for certain crops, will not be affected. Cristina Kirchner seeks consensus in the PJ to confront Peronists linked to the Casa Rosada. Milei expects to benefit from the support for the agreement with the IMF from allies like PRO and the Civic Coalition.
To maintain projections throughout the year, economic recovery linked to consumption must increase to boost revenue. The primary and financial surplus for the month reached positive figures, with moderate growth in public spending.
