2026 Will Be Argentina’s Strongest Economic Year in Decades
According to the deputy minister, the election outcome delivered a strong endorsement of the reform agenda led by President Javier Milei.
Quick overview
- Argentina's deputy economy minister, José Luis Daza, believes the October elections have clarified the country's economic direction, paving the way for growth driven by investment.
- Daza predicts that 2026 will be the best year for Argentina's economy in decades, emphasizing that investments are already beginning.
- He highlighted the importance of transitioning from improvisational economic policies to long-term, predictable strategies under the new government.
- Despite positive economic projections, rumors about Daza's potential departure from the Economy Ministry have surfaced following political changes in Chile.
Argentina’s deputy economy minister said the October elections marked a “key information threshold” that removed uncertainty about the country’s economic direction, arguing that growth next year will be driven by investment.
In an interview with an Argentine outlet, José Luis Daza, the second-in-command to Economy Minister Luis Caputo, projected a markedly improved outlook for Argentina following the legislative elections held last October. In that context, the economist said that “2026 will be the best year for the economy in decades.”
“Today, waiting carries more costs than benefits. Many investments are already getting underway,” Daza said.
The deputy minister also cited a post by Demian Reidel, president of Nucleoeléctrica Argentina S.A., who highlighted the difference between improvising economic policy and designing long-term state policies with method and predictability—an apparent reference to the government’s new approach.
The Future of Argentina
Despite the upbeat projections, political circles in Argentina have been circulating rumors about a possible departure of Daza from the Economy Ministry. Following the presidential victory of José Antonio Kast in Chile, the official confirmed that he had received offers to join the new Chilean cabinet, though he declined to provide details. Asked about the matter by local media, he said he had been “offered some positions,” fueling speculation about his political future.
Daza reiterated that the October elections represented a “key information threshold” that dispelled doubts about the economic course. As a result, he said, growth in 2026 will be led by investment, but—unlike previous expansionary cycles—will take place under conditions of macroeconomic balance, making it more sustainable.
“It will not only be a year of strong growth, but one with orderly public accounts,” he wrote in a message shared on social media.
According to the economist, the election outcome delivered a strong endorsement of the reform agenda led by President Javier Milei, unlocking projects that had previously been put on hold.
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