Argentina executes only 34% of national public works; infrastructure spending down 83%

Argentina's libertarian administration has cut infrastructure spending by 83% versus 2023 and executed only 34% of approved national public works, with Buenos Aires province among the hardest hit. The 2026 budget proposes a further 6.4% cut, signaling sustained fiscal austerity. This under-execution compounds the decline, likely worsening infrastructure gaps and regional disparities.