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Weekly Report - 23 November 2017 (WR-17-46)
ARGENTINA: Macri strikes fiscal pact with provinces
In less than one month since his electoral success, President Mauricio Macri has achieved the impressive feat of negotiating a new accord for distributing state resources, breaking the resistance of provincial governors through a mix of compromise and coercion. Representatives of 23 of Argentina’s 24 electoral districts (with San Luis the sole exception) signed a fiscal pact in the Casa Rosada presidential palace, including 13 of the 14 governors of the main opposition Partido Justicialista (PJ, Peronists) chastened by defeat in the federal congressional mid term elections on 22 October.
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