Argentina’s government submitted its 2027 budget proposal to Congress on September 15, forecasting economic growth of 4% next year after an estimated 3% expansion in 2026, according to Reuters.

The proposal projects annual inflation of 18% in 2027, down from an expected 29% this year, and a trade surplus of more than $15 billion.

Those figures are the government’s forecasts, not actual results. The proposal is subject to congressional debate and approval.