{"id":10944,"date":"2025-12-26T16:36:05","date_gmt":"2025-12-26T19:36:05","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=10944"},"modified":"2025-12-26T16:36:07","modified_gmt":"2025-12-26T19:36:07","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c12%ec%9b%94-26%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=10944","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(12\uc6d4 26\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc624\ub298\uc758 \uacbd\uc81c
1 . \uc544\uc9c1 \ub05d\ub098\uc9c0 \uc54a\uc740 \ud55c \ud574: \uc815\ubd80, 2026\ub144 \uc608\uc0b0\uc548 \ucc98\ub9ac \uc11c\ub450\ub978\ub2e4
\uc62c\ud574\uac00 \uc544\uc9c1 \ub05d\ub098\uc9c0 \uc54a\uc558\uc9c0\ub9cc, \uc815\ubd80\ub294 2026\ub144 \uc608\uc0b0\uc548\uc758 \ud1b5\uacfc\ub97c \uc11c\ub450\ub974\uace0 \uc788\ub2e4.
\uc8fc\uc9c0\uc0ac\ub4e4\uacfc \ud55c \ub2ec \uc774\uc0c1 \ud611\uc758\ub97c \uc9c4\ud589\ud55c \ub05d\uc5d0, \uc5ec\ub2f9\uc740 \uc624\ub298 2026\ub144 \uc608\uc0b0\uc548\uc744 \ucd5c\uc885 \uc2b9\uc778\ud574 \uc9c0\ub09c 2\ub144 \uc5f0\uc18d \uc608\uc0b0\ubc95(\uc9c0\ucd9c\u00b7\uc7ac\uc6d0 \ubc95\ub960) \ubd80\uc7ac \uc0c1\ud0dc\ub97c \ub9c8\ubb34\ub9ac\ud558\ub824 \ud558\uace0 \uc788\ub2e4.
\uac19\uc740 \ubcf8\ud68c\uc758\uc5d0\uc11c\ub294 \u2018\uc870\uc138\uc0c1 \ubb34\uc8c4\ucd94\uc815\u2019 \ubc95\uc548\ub3c4 \ud568\uaed8 \ub17c\uc758\ub418\ub294\ub370, \uc774\ub294 \uc870\uc138 \ud615\ubc8c \uc81c\ub3c4\uc758 \ubcc0\uacbd\uacfc \uc18c\ub4dd\uc138 \uac04\uc18c\ud654 \uc81c\ub3c4\ub97c \ud3ec\ud568\ud55c\ub2e4.
\uce74\uc0ac \ub85c\uc0ac\ub2e4(\ub300\ud1b5\ub839\uad81)\ub294 \ud558\uc6d0\uc5d0\uc11c \ubc1c\uc0dd\ud55c \uc0ac\ud0dc\ub97c \ub450\uace0 \uc5ec\uc804\ud788 \uc6b0\ub824\ud558\uace0 \uc788\ub2e4. \uc9c0\ubc29 \ucd9c\uc2e0 \uc77c\ubd80 \uc758\uc6d0\ub4e4\uc758 \ubc18\ub300\ub85c \ubc95\uc548\uc758 \ud575\uc2ec \uc870\ud56d\uc774 \ud1b5\uacfc\ub418\uc9c0 \ubabb\ud588\uae30 \ub54c\ubb38\uc774\ub2e4.
\uadf8 \ud45c\uacb0\ub85c \uc778\ud574 \ub2e4\uc74c\uacfc \uac19\uc740 \uc870\ud56d\ub4e4\uc774 \ubb34\uc0b0\ub410\ub2e4.
*\ub300\ud559 \uc7ac\uc815 \uc9c0\uc6d0\ubc95 \ud3d0\uc9c0
*\uc7a5\uc560 \ube44\uc0c1\uc0ac\ud0dc \uad00\ub828 \ubc95\ub960 \ud3d0\uc9c0
*\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc2dc\uc5d0 \ub300\ud55c \uc870\uc138 \uacf5\ub3d9\ubd84\ubc30 \uc870\uc815
*\uac00\uc871\uc218\ub2f9 \uc81c\ub3c4 \ubcc0\uacbd
*\ud55c\ub7ad\uc9c0\ub300 \uc138\uc81c \ud61c\ud0dd \ubc94\uc704 \ucd95\uc18c
\ud604\uc7ac \ub17c\uc758\uc758 \ucd08\uc810\uc740 \uad50\uc721\u00b7\uacfc\ud559 \ubd80\ubb38 \ucd5c\uc18c \uc7ac\uc815 \ubcf4\uc7a5 \uaddc\uc815\uc744 \uc0ad\uc81c\ud558\ub294 \uc81c30\uc870\uc5d0 \ub9de\ucdb0\uc838 \uc788\ub2e4.
\uc5ec\ub2f9\uc740 \ubb38\uad6c \uc218\uc815\uc774 \uc774\ub904\uc9c8 \uacbd\uc6b0 \uc608\uc0b0\uc548\uc774 \ub2e4\uc2dc \ud558\uc6d0\uc73c\ub85c \ub3cc\uc544\uac00\uc57c \ud558\uba70, \uadf8\ub807\uac8c \ub418\uba74 \ud2b9\ubcc4\ud68c\uae30 \uc885\ub8cc(12\uc6d4 30\uc77c \uc790\uc815) \uc804 \uc7ac\ub17c\uc758\ud560 \uc218 \uc788\ub294 \uc2dc\uac04\uc740 \ub2e8 \uc774\ud2c0\ubfd0\uc774\ub77c\uace0 \uacbd\uace0\ud55c\ub2e4.
2026\ub144 \uc608\uc0b0\uc548\uc740 \ub2e4\uc74c\uc744 \uc804\uc81c\ub85c \ud55c\ub2e4.
*GDP \uc131\uc7a5\ub960 5.4%
*\uc5f0\uac04 \uc778\ud50c\ub808\uc774\uc158 10.1%
*2026\ub144 12\uc6d4 \uacf5\uc2dd \ud658\uc728: 1\ub2ec\ub7ec = 1,423\ud398\uc18c
\uc774\ub294 \ud604\uc7ac \ub300\ube44 \ud398\uc18c\ud654 \uc808\uc0c1\uc744 \uc758\ubbf8\ud55c\ub2e4.
*GDP \ub300\ube44 1.5%\uc758 \uae30\ucd08\uc7ac\uc815\uc218\uc9c0 \ud751\uc790\ub97c \ubaa9\ud45c\ub85c \uc124\uc815\ud588\ub2e4.
Infobae\uc5d0 \uc2e4\ub9b0 \ubd84\uc11d\uc5d0 \ub530\ub974\uba74, \uad00\ub828 \ubc95\uc548\ub4e4\uc774 \ud1b5\uacfc\ub420 \uacbd\uc6b0 \uc815\ubd80\ub294 \ud574\uc678 \ud22c\uc790\uc790\ub4e4\uc774 \uc120\ud638\ud558\ub294 \uc678\uad6d\ubc95 \uc801\uc6a9 \ub2ec\ub7ec\ud45c\uc2dc \ucc44\uad8c \ubc1c\ud589\uc744 \uc7ac\uac1c\ud560 \uc218 \uc788\uc73c\uba70, \uc774 \uc2dc\ub098\ub9ac\uc624\uac00 \uc720\uc9c0\ub41c\ub2e4\uba74 \ub0b4\ub144 \uad6d\ucc44 \ub864\uc624\ubc84 \uc5ec\ub825\ub3c4 \ud68c\ubcf5\ub420 \uac83\uc73c\ub85c \ud3c9\uac00\ub41c\ub2e4.<\/p>\n\n\n\n

    \n
  1. \uc8fc\uc2dd\uc2dc\uc7a5: \ubcc0\ub3d9\uc131\uc774 \ucef8\ub358 2025\ub144
    \uc5f0\ub9d0\uc744 \uc55e\ub450\uace0 \uc544\ub974\ud5e8\ud2f0\ub098 \uc8fc\uc2dd\uc2dc\uc7a5\uc758 2025\ub144 \uc131\uc801\ud45c\ub294 \uadf8\ub2e4\uc9c0 \uace0\ubb34\uc801\uc774\uc9c0 \uc54a\ub2e4.
    2025\ub144 \ub0b4\ub0b4 \uc8fc\uc2dd\uc2dc\uc7a5\uc740 \uc815\uce58\u00b7\uac70\uc2dc\uacbd\uc81c \ubd88\uc548\uc774 \uc7a5\uae30 \uc131\uc7a5 \uae30\ub300\ub97c \uc555\ub3c4\ud558\ub294 \ud658\uacbd\uc5d0 \ub193\uc600\ub2e4.
    \uc218\uce58\ub85c \ubcf4\uba74:
    S&P \uba54\ub974\ubc1c \uc9c0\uc218: \uc5f0\ucd08 \ub300\ube44 \ud398\uc18c \uae30\uc900 +24% \uc0c1\uc2b9
    \uadf8\ub7ec\ub098 \ud658\uc728 \uc870\uc815 \ud6c4 \ub2ec\ub7ec \uae30\uc900\uc73c\ub85c\ub294 \uc57d \u20135% \ud558\ub77d
    \uc774\ub294 \ub192\uc740 \ubcc0\ub3d9\uc131\uacfc \uc81c\ud55c\uc801\uc778 \uc2e4\uc9c8 \uc218\uc775\ub960\uc744 \ubc18\uc601\ud55c\ub2e4.<\/li>\n\n\n\n
  2. \ud658\uc728\uacfc \uc120\uac70\ub85c \ud2b9\uc9d5\uc9c0\uc5b4\uc9c4 \ud55c \ud574
    2025\ub144\uc740 \uc120\uac70 \uc77c\uc815\uc758 \uc601\ud5a5\uc73c\ub85c \ub2ec\ub7ec\uac00 \ub2e4\uc2dc \uc800\ucd95 \ud310\ub2e8\uc758 \uc911\uc2ec\uc774 \ub41c \ud574\uc600\ub2e4.
    \uc120\uac70 \uad6d\uba74\uc774 \ub2e4\uac00\uc62c\uc218\ub85d \ud658\uc728 \uae34\uc7a5\uc774 \ucee4\uc84c\uace0, \ud558\ubc18\uae30 \ub4e4\uc5b4 \uc555\ub825\uc774 \ub354\uc6b1 \uc2ec\ud654\ub410\ub2e4.
    4\uc6d4 11\uc77c \uacbd\uc81c\ubd80\uc640 \uc911\uc559\uc740\ud589\uc740 \uac1c\uc778 \ub300\uc0c1 \ud658\uc728 \ud1b5\uc81c \ud574\uc81c\ub97c \ubc1c\ud45c\ud588\uace0, 4\uc6d4 14\uc77c\ubd80\ud130\ub294 \uc18c\ub4dd\uc138 30% \uc120\ub0a9 \uacf5\uc81c \uc5c6\uc774 \uacf5\uc2dd \uc2dc\uc7a5\uc5d0\uc11c \ub2ec\ub7ec \ub9e4\uc785\uc774 \uac00\ub2a5\ud574\uc9c0\uba70 \uc0c8\ub85c\uc6b4 \ubcc0\ub3d9\ud658\uc728 \uccb4\uc81c\uac00 \uc2dc\uc791\ub410\ub2e4.
    \uadf8\ub7fc\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc120\uac70 \ud2b9\uc720\uc758 \ub2ec\ub7ec\ud654 \uc555\ub825\uc73c\ub85c \uc815\ubd80\ub294 \uae09\uaca9\ud55c \ud658\uc728 \ubcc0\ub3d9\uc744 \ub9c9\uae30 \uc704\ud574 \uc5ec\ub7ec \ucc28\ub840 \uac1c\uc785\ud588\ub2e4.
    2025\ub144 \ub3d9\uc548 \ubbf8\uad6d \uc7ac\ubb34\ubd80 \uc5ed\uc2dc \ub2ec\ub7ec \uae09\ub4f1\uc744 \uc5b5\uc81c\ud558\ub294 \ub370 \uc77c\uc815 \uc5ed\ud560\uc744 \ud588\ub2e4.
    *\ub3c4\ub9e4\ud658\uc728: \ud06c\ub9ac\uc2a4\ub9c8\uc2a4\uc5d0 1,451\ud398\uc18c
    \uc804\ub144 12\uc6d4(1,032\ud398\uc18c) \ub300\ube44 +40.5%
    \uc774\ub294 1~11\uc6d4 \ub204\uc801 \uc778\ud50c\ub808\uc774\uc158 27.9%\ub97c \ud06c\uac8c \uc0c1\ud68c
    \uc989, \uacf5\uc2dd \ud658\uc728\uc740 \uc18c\ube44\uc790\ubb3c\uac00\ubcf4\ub2e4 \ub192\uc740 \uc0c1\uc2b9\ub960\uc744 \uae30\ub85d\ud588\ub2e4.
    \ub2ec\ub7ec MEP: \uc5f0\ub9d0 1,481.63\ud398\uc18c, \uc5f0\uac04 +26%
    CCL \ub2ec\ub7ec : +31%, 1,526.89\ud398\uc18c
    \ud3c9\uade0\uc801\uc73c\ub85c MEP\ub294 \uc815\uae30\uc608\uae08 \uc218\uc775\ub960\uacfc \uc778\ud50c\ub808\uc774\uc158\ubcf4\ub2e4 \ub0ae\uc558\ub2e4.
    \uc774\ucc98\ub7fc \ubcc0\ub3d9\uc131\uc774 \ud070 \ud658\uacbd\uc5d0\uc11c \ub2ec\ub7ec\ub294 \ud53c\ub09c\ucc98 \uc5ed\ud560\uc744 \ud588\uc9c0\ub9cc, \ubaa8\ub4e0 \ub2ec\ub7ec \uc720\ud615\uc774 \ud56d\uc0c1 \ud398\uc18c \uc790\uc0b0\ubcf4\ub2e4 \ub098\uc740 \uc131\uacfc\ub97c \ub0b8 \uac83\uc740 \uc544\ub2c8\uc5c8\ub2e4.<\/li>\n\n\n\n
  3. \uc7ac\uc815 \uaddc\uc728\uacfc 2026\ub144\uc744 \ud5a5\ud55c \uc2dc\uc120
    2025\ub144\uc740 \uac70\uc2dc \uc9c8\uc11c \ud68c\ubcf5\uacfc \ubd88\uade0\ub4f1\ud55c \uae08\uc735 \uc131\uacfc\uac00 \uacf5\uc874\ud55c \ud574\uc600\ub2e4.
    \uc815\ubd80\ub294 \uac15\ub825\ud55c \uc7ac\uc815 \uc815\ucc45\uc744 \ud1b5\ud55c \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158 \uac00\uc18d\uc5d0 \uc9d1\uc911\ud588\uace0, \uadf8 \uacb0\uacfc \uba85\ubaa9 \ubcc0\uc218\ub294 \uc548\uc815\ub410\uc9c0\ub9cc \uacbd\uc81c\ud65c\ub3d9\uc740 \uc810\ucc28 \ub454\ud654\ub410\ub2e4.
    \uc120\uac70 \uacb0\uacfc\ub294 \uc815\ucc45 \uae09\ubcc0 \uac00\ub2a5\uc131\uc744 \ub2e8\uae30\uc801\uc73c\ub85c \ub0ae\ucd94\uba70, \uc2dc\uc7a5\uc5d0 \uc5f0\uc18d\uc131\uacfc \uc608\uce21 \uac00\ub2a5\uc131 \uc2e0\ud638\ub85c \ud574\uc11d\ub410\ub2e4.
    \uc774\ub85c \uc778\ud574 \ub2ec\ub7ec \ucc44\uad8c\uc740 2025\ub144 \ucd5c\uace0\uc758 \uc790\uc0b0\uad70\uc73c\ub85c \ubd80\uc0c1\ud588\uc73c\uba70, \ucd94\uac00\ub85c \uaca9\ucc28 \ucd95\uc18c \uc5ec\uc9c0\ub3c4 \ub0a8\uc544 \uc788\ub2e4\ub294 \ud3c9\uac00\uac00 \ub098\uc628\ub2e4.
    \uc5d0\ub108\uc9c0 \ubd80\ubb38\uc740 \uc678\ud658 \ud751\uc790\uc758 \ud575\uc2ec \ucd95\uc73c\ub85c \uc790\ub9ac \uc7a1\uc558\ub2e4.
    11\uc6d4 \uc5d0\ub108\uc9c0 \ubb34\uc5ed \ud751\uc790: 8\uc5b55,800\ub9cc \ub2ec\ub7ec
    \uc6d4\uac04 \uc804\uccb4 \ubb34\uc5ed\ud751\uc790\uc758 34%
    \uc218\ucd9c: 10\uc5b5800\ub9cc \ub2ec\ub7ec
    \uc218\uc785: 1\uc5b54,900\ub9cc \ub2ec\ub7ec \uc218\uc900
    1~11\uc6d4 \ub204\uc801 \uc5d0\ub108\uc9c0 \ud751\uc790: 69\uc5b51,100\ub9cc \ub2ec\ub7ec
    \uc804\ub144 \ub3d9\uae30 \ub300\ube44 20\uc5b56,100\ub9cc \ub2ec\ub7ec \uac1c\uc120
    \uad6d\uc81c \uac00\uaca9 \ud558\ub77d\uc73c\ub85c \uc5f0\uac04 \u20135\uc5b51,900\ub9cc \ub2ec\ub7ec\uc758 \uac00\uaca9 \ud6a8\uacfc \uc190\uc2e4\uc774 \uc788\uc5c8\uc9c0\ub9cc,
    \uc218\ucd9c \ubb3c\ub7c9 \uc99d\uac00 \ud6a8\uacfc(+25\uc5b57,900\ub9cc \ub2ec\ub7ec)\uac00 \uc774\ub97c \uc0c1\uc1c4\ud558\uba70, \uc5d0\ub108\uc9c0 \ubd80\ubb38\uc740 \ub300\uc678 \ud751\uc790\uc758 \ud575\uc2ec \uad6c\uc870\uc801 \uae30\ubc18\uc73c\ub85c \ud655\uace0\ud788 \uc790\ub9ac \uc7a1\uc558\ub2e4.<\/li>\n\n\n\n
  4. S&P \ubcf4\uace0\uc11c \u201c\uc678\ubd80 \uc9c0\uc6d0\uc774 \uc548\uc815\uc758 \ud575\uc2ec\u201d
    S&P\ub294 \uc544\ub974\ud5e8\ud2f0\ub098\uc758 \uac70\uc2dc\uacbd\uc81c \uc548\uc815\uc774 \uc678\ubd80 \uae08\uc735 \uc9c0\uc6d0\uc5d0 \ud06c\uac8c \uc758\uc874\ud560 \uac83\uc774\ub77c\uace0 \uacbd\uace0\ud588\ub2e4.
    S&P \uae00\ub85c\ubc8c \ub9c8\ucf13 \uc778\ud154\ub9ac\uc804\uc2a4\uac00 \uc791\uc131\ud55c \uc9c0\uc5ed \ubcf4\uace0\uc11c\uc5d0 \ub530\ub974\uba74, \uc544\ub974\ud5e8\ud2f0\ub098\ub294 2026\ub144\uc5d0 \uc57d 3.5%\uc758 GDP \uc131\uc7a5\ub960\uc744 \uae30\ub85d\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ub418\uba70, \uc774\ub294 \ub77c\ud2f4\uc544\uba54\ub9ac\uce74 \ud3c9\uade0\uc744 \uc6c3\ub3c4\ub294 \uc218\uc900\uc774\ub2e4. \uc774 \uc131\uc7a5\uc138\ub294 \uc7ac\uc815 \uae34\ucd95 \uae30\uc870\uc758 \uc9c0\uc18d\uacfc \uc678\ubd80 \uc9c0\uc6d0 \ud655\ubcf4\ub97c \ud575\uc2ec \ucd95\uc73c\ub85c \ud558\ub294 \uacbd\uc81c \uc2dc\ub098\ub9ac\uc624\uc5d0 \uae30\ubc18\ud558\uace0 \uc788\ub2e4.
    \ubcf4\uace0\uc11c\ub294 \uc9c0\uae08\uae4c\uc9c0\uc758 \uc7ac\uc815 \uae34\ucd95 \uc815\ucc45 \uc131\uacfc\ub294 \uae0d\uc815\uc801\uc774\ub77c\uace0 \ud3c9\uac00\ud558\uba74\uc11c\ub3c4, \ud504\ub85c\uadf8\ub7a8\uc758 \uc131\uacf5 \uc5ec\ubd80\ub294 \uad6d\uc81c \uae08\uc735 \uc9c0\uc6d0\uc5d0 \ud06c\uac8c \ub2ec\ub824 \uc788\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4. \ud2b9\ud788 \ubbf8\uad6d \uc815\ubd80\uc640 IMF\uc758 \uc9c0\uc6d0\uc774 \uc911\uc694\ud558\uba70, \uc774\ub97c \ud1b5\ud574 \uc544\ub974\ud5e8\ud2f0\ub098\uac00 \ub300\uc678 \ucc44\ubb34 \uc0c1\ud658\uc744 \ud070 \ucda9\uaca9 \uc5c6\uc774 \uc774\ud589\ud560 \uc218 \uc788\uc744 \uac83\uc774\ub77c\uace0 \uac15\uc870\ud588\ub2e4.
    \ubcf4\uace0\uc11c\ub294 \ud22c\uc790\uac00 \uc131\uc7a5\uc758 \ud575\uc2ec \ub3d9\ub825\uc774 \ub420 \uac83\uc73c\ub85c \ubcf4\uba70, \uace0\uc815\uc790\ubcf8\ud615\uc131(\ud22c\uc790)\uc774 \uc57d 9% \uc99d\uac00\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4.
    \uc774\ub7ec\ud55c \ub9e5\ub77d\uc5d0\uc11c S&P\ub294 \uc544\ub974\ud5e8\ud2f0\ub098\uac00 \uc5ed\ub0b4\uc5d0\uc11c \uac00\uc7a5 \ud070 \uc7ac\uc815 \uac1c\uc120\uc744 \uc774\ub8ec \uad6d\uac00\ub85c \ud3c9\uac00\ud558\uba70, \ubd80\ucc44 \uc9c0\uc18d\uac00\ub2a5\uc131 \uc9c0\ud45c\uc5d0\uc11c\ub3c4 \uc9c0\uc5ed \uc120\ub450\uc5d0 \uc124 \uac00\ub2a5\uc131\uc744 \uc81c\uc2dc\ud588\ub2e4.
    \ub2e4\ub9cc, 2026\ub144\uc758 \uac70\uc2dc\uacbd\uc81c \uc548\uc815\uc740 \uc5ec\uc804\ud788 \uc678\ubd80 \uae08\uc735 \uc811\uadfc\uc131\uc5d0 \ubb36\uc5ec \uc788\ub2e4\uace0 \uc9c0\uc801\ud588\ub2e4.
    \uae30\ubcf8 \uc2dc\ub098\ub9ac\uc624\ub294, IMF\ub85c\ubd80\ud130 \ubbf8\ud654 20\uc5b5 \ub2ec\ub7ec \ucd94\uac00 \uc9d1\ud589, \ubbf8\uad6d \uc7ac\ubb34\ubd80\uc640\uc758 \ubbf8\ud654 200\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8 \ud1b5\ud654 \uc2a4\uc651 \ub77c\uc778 \ud655\ubcf4\ub97c \uc804\uc81c\ub85c \ud558\uace0 \uc788\ub2e4.
    \uc774 \ub450 \uac00\uc9c0\ub294 \ub300\uc678 \ucc44\ubb34 \ub9cc\uae30 \ub300\uc751\uacfc \ud658\uc728 \uade0\ud615 \uc720\uc9c0\uc5d0 \ud575\uc2ec\uc801\uc778 \uc218\ub2e8\uc73c\ub85c \ud3c9\uac00\ub41c\ub2e4.
    \ud55c\ud3b8 \ubb3c\uac00 \uce21\uba74\uc5d0\uc11c\ub294, \uc7ac\uc815 \uc815\ucc45 \uc720\uc9c0\uc640 \uc2dd\ub8cc\ud488 \uac00\uaca9 \uc548\uc815\uc5d0 \ud798\uc785\uc5b4 2026\ub144\uc5d0\ub3c4 \ub514\uc2a4\uc778\ud50c\ub808\uc774\uc158(\ubb3c\uac00 \uc548\uc815) \uacfc\uc815\uc774 \uc9c0\uc18d\ub420 \uac83\uc73c\ub85c \uc804\ub9dd\ud588\ub2e4. \uc774\ub294 \ubbfc\uac04 \uc18c\ube44 \ud68c\ubcf5\uc744 \ub4b7\ubc1b\uce68\ud558\ub294 \ud575\uc2ec \uc694\uc778\uc774 \ub420 \uac83\uc73c\ub85c \ubd84\uc11d\ub41c\ub2e4.<\/li>\n\n\n\n
  5. \u2018\uc7ac\uc815 \ubb34\uc8c4 \ucd94\uc815\u2019 \ubc95\uc548: \ub2ec\ub7ec 2,000\uc5b5 \uacf5\uc2dd\ud654 \ubaa9\ud45c
    \ud558\ube44\uc5d0\ub974 \ubc00\ub808\uc774 \uc815\ubd80\ub294 \u2018\uc7ac\uc815\uc0c1 \ubb34\uc8c4 \ucd94\uc815\u2019 \ubc95\uc548\uc744 2025\ub144 \ub0b4\uc5d0 \ud1b5\uacfc\uc2dc\ucf1c, \ube44\uacf5\uc2dd \uacbd\uc81c\uc5d0 \ubb36\uc5ec \uc788\ub294 \ub2ec\ub7ec \uc790\uae08\uc744 \uc81c\ub3c4\uad8c\uc73c\ub85c \ub04c\uc5b4\ub4e4\uc774\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud558\uace0 \uc788\ub2e4.
    \uc815\ubd80 \ucd94\uc0b0\uc5d0 \ub530\ub974\uba74, \uc774\ub978\ubc14 \ub9e4\ud2b8\ub9ac\uc2a4 \uc18d \ub2ec\ub7ec\ub85c \ubd88\ub9ac\ub294 \uc790\uae08\uc740 \ucd5c\ub300 2,000\uc5b5 \ub2ec\ub7ec\ub97c \uacf5\uc2dd \uacbd\uc81c\ub85c \uc720\uc785\uc2dc\ud0a4\ub294 \uac83\uc774 \ubaa9\ud45c\ub2e4. \uc774\ub294 \ub2ec\ub7ec \uae30\ubc18 \ud1b5\ud654\ub7c9 \ud655\ub300 \uc804\ub7b5\uc758 \ud575\uc2ec \ucd95\uc774\ub2e4.
    \ubc95\uc548\uc758 \ud575\uc2ec\uc740 \uc870\uc138 \ud1b5\uc81c \ubc29\uc2dd\uc758 \uadfc\ubcf8\uc801 \uc804\ud658\uc774\ub2e4.
    \uc55e\uc73c\ub85c ARCA(\uad6d\uc138\uccad)\ub294 \ud0c8\uc138\ub97c \uc790\ub3d9\uc73c\ub85c \ucd94\uc815\ud558\uc9c0 \uc54a\uc73c\uba70, \uba85\ud655\ud55c \ubd88\ubc95 \uc99d\uac70 \ub610\ub294 \uace0\uc758\uc801 \uc704\ubc95 \ud589\uc704\uac00 \uc788\uc744 \uacbd\uc6b0\uc5d0\ub9cc \uc870\uc0ac \ucc29\uc218\uac00 \uac00\ub2a5\ud574\uc9c4\ub2e4.
    \uc989, \ub0a9\uc138\uc790\ub294 \ubc18\uc99d\uc774 \uc788\uc744 \ub54c\uae4c\uc9c0 \ubb34\uc8c4\ub85c \uac04\uc8fc\ub418\uba70, \ud615\uc0ac\u00b7\ud589\uc815\uc801 \ucd94\uc801\uc740 \uc77c\ubc18\uc801 \ucd94\uc815\uc774 \uc544\ub2c8\ub77c \uad6c\uccb4\uc801 \uc99d\uac70\uc5d0 \uadfc\uac70\ud558\uac8c \ub41c\ub2e4.
    \uc815\ubd80\ub294 \uc774 \ubc95\uc548\uc774 \uc0c8\ub85c\uc6b4 \uc790\uae08\uc138\ud0c1(\ube14\ub791\ucf00\uc624) \uc81c\ub3c4\uac00 \uc544\ub2c8\ub77c\uace0 \uac15\uc870\ud55c\ub2e4.
    \uacfc\uac70\uc758 \uc138\uae08 \uc0ac\uba74 \uc81c\ub3c4\uc640 \ub2ec\ub9ac, \ud2b9\ubcc4 \ubc8c\uae08 \ub0a9\ubd80,
    \uc138\uc728 \uc778\ud558\ub97c \ud1b5\ud55c \uc790\uc0b0 \ud569\ubc95\ud654\ub294 \ud3ec\ud568\ub418\uc9c0 \uc54a\ub294\ub2e4.
    \ub300\uc2e0, \ube44\uc740\ud589\ud654\ub41c \ub2ec\ub7ec\ub97c \uc0ac\uc6a9\ud558\ub354\ub77c\ub3c4 \uc790\ub3d9\uc73c\ub85c \ud589\uc815\u00b7\ud615\uc0ac \uc808\ucc28\uac00 \uac1c\uc2dc\ub418\uc9c0 \uc54a\ub3c4\ub85d \uaddc\uce59\uc744 \ubcc0\uacbd\ud558\ub294 \uac83\uc774 \ud575\uc2ec\uc774\ub2e4.
    \ub610 \ub2e4\ub978 \ud575\uc2ec\uc740 \uc870\uc138 \ubc94\uc8c4\ub85c \uac04\uc8fc\ub418\ub294 \ucd5c\uc18c \uae08\uc561 \uae30\uc900\uc758 \uc0c1\ud5a5 \uc870\uc815\uc774\ub2e4.
    \ubaa9\ud45c\ub294 \uad6d\uac00 \uc790\uc6d0\uc744 \uc911\uc694\ub3c4\uac00 \ub192\uc740 \ud0c8\uc138 \uc0ac\uac74\uc5d0 \uc9d1\uc911\ud558\uace0, \uc18c\uaddc\ubaa8 \uac70\ub798\uc5d0 \ub300\ud55c \uacfc\ub3c4\ud55c \uc18c\uc1a1\uacfc \ubd84\uc7c1\uc744 \uc904\uc774\ub294 \uac83\uc774\ub2e4.
    \ub2e4\ub9cc \ubc95\uc548\uc5d0\ub294 \uc81c\uc7ac \uccb4\uacc4 \uac15\ud654 \uc694\uc18c\ub3c4 \ud3ec\ud568\ub418\uc5b4 \uc788\ub2e4.
    \ubc8c\uae08\uc740 2027\ub144 1\uc6d4 1\uc77c\ubd80\ud130 UVA(\uad6c\ub9e4\ub825 \ub2e8\uc704)\uc5d0 \uc5f0\ub3d9\ub418\uc5b4 \uc790\ub3d9 \uc870\uc815\ub420 \uc608\uc815\uc774\ub2e4. \uc774 \ubd80\ubd84\uc740 \uc870\uc138 \uc804\ubb38\uac00\ub4e4 \uc0ac\uc774\uc5d0\uc11c \uac00\uc7a5 \ub17c\ub780\uc774 \ub418\ub294 \ub300\ubaa9\uc774\ub2e4.
    \uc804\ubb38\uac00\ub4e4\uc740 \ud2b9\ud788 \uc911\uc18c\uae30\uc5c5\uacfc \uac1c\uc778 \ub0a9\uc138\uc790\uc5d0\uac8c \ubbf8\uce60 \uc7a0\uc7ac\uc801 \ubd80\ub2f4, \ub0a9\uc138\uc790 \uaddc\ubaa8\u00b7\ud2b9\uc131\uc5d0 \ub530\ub978 \ub2e8\uacc4\uc801 \uc801\uc6a9\uc774 \ubd80\uc871\ud574 \uc5ed\uc9c4\uc801 \ud6a8\uacfc\uac00 \ubc1c\uc0dd\ud560 \uac00\ub2a5\uc131\uc744 \uc6b0\ub824\ud558\uace0 \uc788\ub2e4.
    \ud55c\ud3b8 2026\ub144 \uc608\uc0b0\uc548\uacfc \uad00\ub828\ud574, \uc608\uc0b0 \uc2b9\uc778 \uc790\uccb4\uac00 \uc815\ubd80 \uc785\ubc95 \uc804\ub7b5\uc758 \uccab \uad00\ubb38\uc774\uba70,
    \ud5a5\ud6c4 2\ub144\uac04 \uc9c0\ucd9c\u00b7\uc7ac\uc6d0 \ubc95\uc548\uc774 \uc5c6\ub294 \uc0c1\ud669\uc5d0\uc11c \ud544\uc218 \uc870\uc815\ub9cc \ubc18\uc601\ud574 \uc608\uc0b0\uc744 \ucd94\uc9c4\ud558\uae30\ub85c \ud55c \uacb0\uc815\uc740 \uae0d\uc815\uc801\uc73c\ub85c \ud3c9\uac00\ub41c\ub2e4\uace0 \ubd84\uc11d\ud588\ub2e4.
    \uc774\ub294 \uc815\uce58\uc801 \ube44\uc6a9\uacfc \ubd88\ud655\uc2e4\uc131\uc744 \uc904\uc774\ub294 \uc120\ud0dd\uc774\uba70, \uc2e4\uc81c\ub85c \ud1b5\uacfc\ub41c\ub2e4\uba74 \uc2dc\uc7a5\uc5d0\uc11c \uac74\uc124\uc801\uc778 \uc2e0\ud638\uac00 \ub420 \uac83\uc774\ub77c\uace0 \ud3c9\uac00\ub41c\ub2e4.
    \ud2b9\ud788 \uc774\ub294 \uc9d1\uad8c \uc138\ub825\uc774 \uc758\ud68c\uc5d0\uc11c \ud569\uc758\ub97c \ub3c4\ucd9c\ud558\uace0 \ud575\uc2ec \ubc95\uc548\uc744 \uc2b9\uc778\ud560 \uc218 \uc788\ub294 \ub2a5\ub825\uc744 \uc785\uc99d\ud558\ub294 \uc0ac\ub840\uac00 \ub418\uba70, \ub0b4\ub144\uc5d0 \ucd94\uc9c4\ub420 \uad6c\uc870\uac1c\ud601\uc758 \uc2e0\ub8b0\ub3c4\ub97c \ub192\uc774\ub294 \ub370 \uc911\uc694\ud558\ub2e4\uace0 \ub367\ubd99\uc600\ub2e4.<\/li>\n<\/ol>\n\n\n\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c1 . \uc544\uc9c1 \ub05d\ub098\uc9c0 \uc54a\uc740 \ud55c \ud574: \uc815\ubd80, 2026\ub144 \uc608\uc0b0\uc548 \ucc98\ub9ac \uc11c\ub450\ub978\ub2e4\uc62c\ud574\uac00 \uc544\uc9c1 \ub05d\ub098\uc9c0 \uc54a\uc558\uc9c0\ub9cc, \uc815\ubd80\ub294 2026\ub144 \uc608\uc0b0\uc548\uc758 \ud1b5\uacfc\ub97c \uc11c\ub450\ub974\uace0 \uc788\ub2e4.\uc8fc\uc9c0\uc0ac\ub4e4\uacfc \ud55c \ub2ec \uc774\uc0c1 \ud611\uc758\ub97c \uc9c4\ud589\ud55c \ub05d\uc5d0, \uc5ec\ub2f9\uc740 \uc624\ub298 2026\ub144 \uc608\uc0b0\uc548\uc744 \ucd5c\uc885 \uc2b9\uc778\ud574 \uc9c0\ub09c 2\ub144 \uc5f0\uc18d \uc608\uc0b0\ubc95(\uc9c0\ucd9c\u00b7\uc7ac\uc6d0 \ubc95\ub960) \ubd80\uc7ac \uc0c1\ud0dc\ub97c \ub9c8\ubb34\ub9ac\ud558\ub824 \ud558\uace0 \uc788\ub2e4.\uac19\uc740 \ubcf8\ud68c\uc758\uc5d0\uc11c\ub294 \u2018\uc870\uc138\uc0c1 \ubb34\uc8c4\ucd94\uc815\u2019 \ubc95\uc548\ub3c4 \ud568\uaed8 \ub17c\uc758\ub418\ub294\ub370, \uc774\ub294 \uc870\uc138 \ud615\ubc8c \uc81c\ub3c4\uc758 \ubcc0\uacbd\uacfc \uc18c\ub4dd\uc138 \uac04\uc18c\ud654 \uc81c\ub3c4\ub97c \ud3ec\ud568\ud55c\ub2e4.\uce74\uc0ac \ub85c\uc0ac\ub2e4(\ub300\ud1b5\ub839\uad81)\ub294 \ud558\uc6d0\uc5d0\uc11c \ubc1c\uc0dd\ud55c \uc0ac\ud0dc\ub97c \ub450\uace0 \uc5ec\uc804\ud788 \uc6b0\ub824\ud558\uace0 \uc788\ub2e4. \uc9c0\ubc29 \ucd9c\uc2e0 \uc77c\ubd80 \uc758\uc6d0\ub4e4\uc758 \ubc18\ub300\ub85c \ubc95\uc548\uc758 \ud575\uc2ec \uc870\ud56d\uc774 \ud1b5\uacfc\ub418\uc9c0 \ubabb\ud588\uae30 \ub54c\ubb38\uc774\ub2e4.\uadf8 \ud45c\uacb0\ub85c \uc778\ud574 \ub2e4\uc74c\uacfc \uac19\uc740 \uc870\ud56d\ub4e4\uc774 \ubb34\uc0b0\ub410\ub2e4.*\ub300\ud559 \uc7ac\uc815 \uc9c0\uc6d0\ubc95 \ud3d0\uc9c0*\uc7a5\uc560 \ube44\uc0c1\uc0ac\ud0dc \uad00\ub828 \ubc95\ub960 \ud3d0\uc9c0*\ubd80\uc5d0\ub178\uc2a4\uc544\uc774\ub808\uc2a4 \uc2dc\uc5d0 \ub300\ud55c \uc870\uc138 \uacf5\ub3d9\ubd84\ubc30 \uc870\uc815*\uac00\uc871\uc218\ub2f9 \uc81c\ub3c4 \ubcc0\uacbd*\ud55c\ub7ad\uc9c0\ub300 \uc138\uc81c \ud61c\ud0dd \ubc94\uc704 \ucd95\uc18c\ud604\uc7ac \ub17c\uc758\uc758 \ucd08\uc810\uc740 \uad50\uc721\u00b7\uacfc\ud559 \ubd80\ubb38 \ucd5c\uc18c \uc7ac\uc815 \ubcf4\uc7a5 \uaddc\uc815\uc744 \uc0ad\uc81c\ud558\ub294 \uc81c30\uc870\uc5d0 \ub9de\ucdb0\uc838 \uc788\ub2e4.\uc5ec\ub2f9\uc740 \ubb38\uad6c \uc218\uc815\uc774 \uc774\ub904\uc9c8 \uacbd\uc6b0 \uc608\uc0b0\uc548\uc774 \ub2e4\uc2dc \ud558\uc6d0\uc73c\ub85c \ub3cc\uc544\uac00\uc57c \ud558\uba70, \uadf8\ub807\uac8c \ub418\uba74 \ud2b9\ubcc4\ud68c\uae30 \uc885\ub8cc(12\uc6d4 30\uc77c \uc790\uc815) \uc804 \uc7ac\ub17c\uc758\ud560 \uc218 \uc788\ub294 \uc2dc\uac04\uc740 \ub2e8 \uc774\ud2c0\ubfd0\uc774\ub77c\uace0 \uacbd\uace0\ud55c\ub2e4.2026\ub144 \uc608\uc0b0\uc548\uc740 \ub2e4\uc74c\uc744 \uc804\uc81c\ub85c \ud55c\ub2e4.*GDP \uc131\uc7a5\ub960 5.4%*\uc5f0\uac04 \uc778\ud50c\ub808\uc774\uc158 10.1%*2026\ub144 12\uc6d4 \uacf5\uc2dd \ud658\uc728: 1\ub2ec\ub7ec = 1,423\ud398\uc18c\uc774\ub294 \ud604\uc7ac \ub300\ube44 \ud398\uc18c\ud654 \uc808\uc0c1\uc744 \uc758\ubbf8\ud55c\ub2e4.*GDP \ub300\ube44 1.5%\uc758 \uae30\ucd08\uc7ac\uc815\uc218\uc9c0 \ud751\uc790\ub97c \ubaa9\ud45c\ub85c \uc124\uc815\ud588\ub2e4.Infobae\uc5d0 \uc2e4\ub9b0 \ubd84\uc11d\uc5d0 \ub530\ub974\uba74, \uad00\ub828 \ubc95\uc548\ub4e4\uc774 \ud1b5\uacfc\ub420 \uacbd\uc6b0 \uc815\ubd80\ub294 \ud574\uc678 \ud22c\uc790\uc790\ub4e4\uc774 \uc120\ud638\ud558\ub294 \uc678\uad6d\ubc95 \uc801\uc6a9 \ub2ec\ub7ec\ud45c\uc2dc \ucc44\uad8c \ubc1c\ud589\uc744 \uc7ac\uac1c\ud560 \uc218 \uc788\uc73c\uba70, \uc774 \uc2dc\ub098\ub9ac\uc624\uac00 \uc720\uc9c0\ub41c\ub2e4\uba74 \ub0b4\ub144 \uad6d\ucc44 \ub864\uc624\ubc84 \uc5ec\ub825\ub3c4 \ud68c\ubcf5\ub420 \uac83\uc73c\ub85c \ud3c9\uac00\ub41c\ub2e4.<\/p>\n","protected":false},"author":6,"featured_media":10945,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-10944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-noticias-argentina","category-informes-economicos"],"_links":{"self":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10944"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10944\/revisions"}],"predecessor-version":[{"id":10946,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/10944\/revisions\/10946"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/10945"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}