Political Tensions Rise as Key Senate Votes Loom

This weekend highlighted the government's attempt to mend wounds from the Libra case while political tensions soar with key Senate votes approaching. The opposition is set to keep the Libra case in the spotlight during a crucial week that includes discussions on Ficha Limpia and the suspension of PASO elections.


Political Tensions Rise as Key Senate Votes Loom

The weekend left the impression that the government expects time to heal the wounds opened by the Libra case, while the opposition plans to keep the issue in the Senate debates this week, with topics like Clean Record, the suspension of the PASO, and the appointment of Judge Lijo on the agenda.

The week will also be marked by the president's trip to the CPAC summit in the United States. The government's movements and the news that arises will determine the direction of the market in the coming days.

The financial market remains attentive to reserves at negative levels and the political situation. Conversations among operators focused on the Libra case and its political and financial implications over the weekend.

The Senate is expected to vote this week on the suspension of the PASO, which may affect the electoral calendar. The exchange market remains stable, and the issuance of a dollar-linked bond generated some calm among investors.

The PRO criticized Milei's environment and called for a thorough investigation into the Libra scandal. Bonds closed the week slightly in the red, with the country risk around 670 points.

The holiday in the United States for Martin Luther King will bring a slowdown in business. Investor caution persists while waiting for signals of stability. In parallel, Argentine officials will participate in the G20 summit of ministers and central bank presidents in Johannesburg.