Argentina’s Senate Approves Milei’s 2026 Budget Plan, Marking Legislative Victory
Argentina's Senate has approved President Javier Milei's 2026 budget plan in a 46-25 vote, delivering a significant legislative win for the libertarian leader. The approval alleviates political tensions and marks Milei's first major congressional success since taking office in 2023.
The budget proposal, now cleared for implementation, is expected to reshape Argentina's economic trajectory. While opposition remains, analysts view this as a critical opportunity for Milei to demonstrate his commitment to economic reform and development.
Lawmakers have signaled plans to scrutinize Milei's labor reform proposal submitted earlier this year, indicating ongoing political negotiations ahead. The budget's passage nonetheless represents a milestone for the administration's economic agenda.
