{"id":13646,"date":"2026-07-21T18:39:09","date_gmt":"2026-07-21T21:39:09","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=13646"},"modified":"2026-07-21T18:39:10","modified_gmt":"2026-07-21T21:39:10","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c07%ec%9b%94-21%ec%9d%bc-2","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=13646","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(07\uc6d4 21\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n

    \n
  1. \ubb34\uc5ed\ud751\uc790, \uc0c1\ubc18\uae30 \uacbd\uc81c\uc9c0\ud45c \uac1c\uc120 \uacac\uc778
    \uc544\ub974\ud5e8\ud2f0\ub098\ub294 2026\ub144 \uc0c1\ubc18\uae30\uc5d0 \uc57d 140\uc5b5 \ub2ec\ub7ec\uc758 \ubb34\uc5ed\ud751\uc790\ub97c \uae30\ub85d\ud588\ub2e4.
    \uc218\ucd9c \uc99d\uac00\uc640 \uc218\uc785 \uac10\uc18c\uac00 \uc774\ub7ec\ud55c \uae0d\uc815\uc801\uc778 \uacb0\uacfc\ub97c \uc774\ub04c\uc5c8\ub2e4. \ub2e4\ub9cc 6\uc6d4\uc5d0\ub294 \ubb34\uc5ed\ud751\uc790\uac00 \ucd5c\uadfc 4\uac1c\uc6d4 \uac00\uc6b4\ub370 \uac00\uc7a5 \ub0ae\uc740 \uc218\uc900\uc744 \uae30\ub85d\ud558\uba74\uc11c \uc99d\uac00\uc138\uac00 \ub2e4\uc18c \ub454\ud654\ub418\uc5c8\ub2e4.
    \uc6d4\uac04 \uc218\ucd9c\uc740 \uc18c\ud3ed \uac10\uc18c\ud55c \ubc18\uba74, \uc138\uacc4 \uc5d0\ub108\uc9c0 \uac00\uaca9 \uc0c1\uc2b9\uc73c\ub85c \uc778\ud574 \uc218\uc785\uc740 \uc99d\uac00\ud588\ub2e4. \ud2b9\ud788 \uc561\ud654\ucc9c\uc5f0\uac00\uc2a4(LNG) \ub4f1 \uc5d0\ub108\uc9c0 \uc218\uc785 \ube44\uc6a9\uc774 \ub298\uc5b4\ub09c \uac83\uc740 \uc911\ub3d9 \uc9c0\uc5ed\uc758 \uad70\uc0ac\uc801 \uae34\uc7a5\uc774 \uc601\ud5a5\uc744 \ubbf8\uce5c \uacb0\uacfc\ub85c \ubd84\uc11d\ub41c\ub2e4.
    \uc804\ub144 \ub3d9\uae30\uc640 \ube44\uad50\ud558\uba74 \uc218\ucd9c \uc99d\uac00\uc728\uc774 \uc218\uc785 \uc99d\uac00\uc728\uc744 \ud06c\uac8c \uc6c3\ub3cc\uc558\ub2e4. \uc790\ubcf8\uc7ac \uc218\uc785\uc740 \uac10\uc18c\ud588\uc9c0\ub9cc \uc911\uac04\uc7ac \uc218\uc785\uc740 \uc99d\uac00\ud588\ub2e4.
    6\uc6d4\uc758 \ub454\ud654\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc0c1\ubc18\uae30 \ubb34\uc5ed\ud751\uc790\ub294 \uc9c0\ub09c\ud574 \uac19\uc740 \uae30\uac04\ubcf4\ub2e4 5\ubc30 \ub298\uc5b4\ub0ac\uc73c\uba70, 2025\ub144\uacfc \ube44\uad50\ud574 \uc218\ucd9c\uc740 \ubb3c\ub7c9\uacfc \uac00\uaca9 \ubaa8\ub450 \ud070 \ud3ed\uc73c\ub85c \uc0c1\uc2b9\ud588\ub2e4. \uc774\ubc88 \uc2e4\uc801\uc740 10\uc5ec \ub144 \ub9cc\uc5d0 \uac00\uc7a5 \uc88b\uc740 \uc0c1\ubc18\uae30 \ubb34\uc5ed\uc218\uc9c0 \uc131\uacfc\ub85c \ud3c9\uac00\ub41c\ub2e4.<\/li>\n\n\n\n
  2. \uc544\ub974\ud5e8\ud2f0\ub098 \uae08\uc735\uc790\uc0b0, \uc6d4\uac00 \uc57d\uc138\uc5d0\ub3c4 \uc0c1\uc2b9 \ub9c8\uac10
    \uc544\ub974\ud5e8\ud2f0\ub098 \uae08\uc735\uc2dc\uc7a5\uc740 \uc7a5 \ucd08\ubc18 \ud558\ub77d\uc744 \ub9cc\ud68c\ud558\uace0 \uc0c1\uc2b9\uc138\ub85c \ub9c8\uac10\ud588\ub2e4.
    S&P \uba54\ub974\ubc1c \uc9c0\uc218\ub294 0.7% \uc0c1\uc2b9\ud588\ub2e4.
    \ub274\uc695\uc99d\uc2dc\uc5d0 \uc0c1\uc7a5\ub41c \uc544\ub974\ud5e8\ud2f0\ub098 \uae30\uc5c5 \uc8fc\uc2dd\uc740 \ucd5c\ub300 2.6% \uc0c1\uc2b9\ud588\ub2e4.
    \uad6d\ucc44\uac00 \uac15\uc138\ub97c \ubcf4\uc774\uba70 \uad6d\uac00\uc704\ud5d8\uc9c0\uc218\ub3c4 \uc18c\ud3ed \ud558\ub77d\ud588\ub2e4.
    \ubc18\uba74 \ubbf8\uad6d \uc99d\uc2dc\ub294 \uc8fc\uc694 \uae30\uc5c5\ub4e4\uc758 \uc2e4\uc801 \ubc1c\ud45c\ub97c \uc55e\ub454 \uacbd\uacc4\uc2ec\uc73c\ub85c \ud558\ub77d \ub9c8\uac10\ud588\ub2e4.
    \uad6d\uc81c \uc720\uac00\ub294 \ub2e4\uc2dc \uc0c1\uc2b9\uc138\ub97c \ubcf4\uc600\uc73c\uba70, \ubc18\ub3c4\uccb4 \uc5c5\uc885\uc774 \ub274\uc695 \uc99d\uc2dc \ud22c\uc790\uc790\ub4e4\uc758 \uad00\uc2ec\uc744 \ub04c\uc5c8\ub2e4.
    \uc804\ubc18\uc801\uc73c\ub85c \uae00\ub85c\ubc8c \uc2dc\uc7a5\uc740 \uc2e0\uc911\ud55c \ubd84\uc704\uae30\uc600\uc9c0\ub9cc \uc544\ub974\ud5e8\ud2f0\ub098 \uc790\uc0b0\uc740 \ube44\uad50\uc801 \uacac\uc870\ud55c \ubaa8\uc2b5\uc744 \uc720\uc9c0\ud588\ub2e4.<\/li>\n\n\n\n
  3. \uc815\ubd80, \ub2ec\ub7ec\ud45c\uc2dc \ubd80\ucc44 \uad50\ud658 \ub9cc\uae30 \ubd80\ub2f4 \uc644\ud654 \ucd94\uc9c4
    \uc7ac\ubb34\uccad\uc740 \uc774\ubc88 \ub2ec \ub9cc\uae30\uac00 \ub3c4\ub798\ud558\ub294 \ub2ec\ub7ec\uc5f0\ub3d9 \ucc44\uad8c\uc744 \ucc28\ud658\ud558\uae30 \uc704\ud574 \ud2b9\ubcc4 \uc785\ucc30\uc744 \uc2e4\uc2dc\ud55c\ub2e4.
    \uae30\uc874 \ucc44\uad8c\uc744 \ub450 \uc885\ub958\uc758 \uc0c8\ub85c\uc6b4 \ucc44\uad8c\uc73c\ub85c \uad50\ud658\ud558\ub294 \ubc29\uc2dd\uc774\uba70, \ud22c\uc790\uc790\ub294
    *2026\ub144 8\uc6d4 \ub9cc\uae30
    *2028\ub144 12\uc6d4 \ub9cc\uae30
    \uc911 \ud558\ub098\ub97c \uc120\ud0dd\ud560 \uc218 \uc788\ub2e4.
    \ub8e8\uc774\uc2a4 \uce74\ud478\ud1a0 \uacbd\uc81c\uc7a5\uad00\uc740 \ub2e4\uc74c \uc8fc \uad6d\ucc44 \uc785\ucc30\uc744 \uc55e\ub450\uace0 \uc7ac\uc815 \ubd80\ub2f4\uc744 \uc904\uc774\ub824 \ud558\uace0 \uc788\ub2e4.
    \uc2dc\uc7a5\uc5d0\uc11c\ub294 \ub2e8\uae30 \ucc44\uad8c \uc120\ud638\uac00 \uac15\ud55c \uac83\uc73c\ub85c \ub098\ud0c0\ub098\uace0 \uc788\uc73c\uba70, \uc9c0\ub09c \uad50\ud658\uc5d0\uc11c\ub3c4 \ub300\ubd80\ubd84\uc758 \ud22c\uc790\uc790\uac00 1\uac1c\uc6d4 \ub9cc\uae30 \uc0c1\ud488\uc744 \uc120\ud0dd\ud588\ub2e4.
    \uc774\ubc88 \uacb0\uacfc\ub294 \uc815\ubd80\uc758 \ubd80\ucc44 \uad00\ub9ac\uc5d0 \ub300\ud55c \uc2dc\uc7a5\uc758 \uc2e0\ub8b0\ub97c \uac00\ub2a0\ud558\ub294 \uc911\uc694\ud55c \uc2dc\ud5d8\ub300\uac00 \ub420 \uac83\uc73c\ub85c \ubcf4\uc778\ub2e4.<\/li>\n\n\n\n
  4. \ub3c4\ub9e4\ud658\uc728 4\uac70\ub798\uc77c \uc5f0\uc18d \uc0c1\uc2b9
    \ub3c4\ub9e4 \ub2ec\ub7ec \ud658\uc728\uc740 3\ud398\uc18c \uc0c1\uc2b9\ud55c 1,481\ud398\uc18c\ub85c \ub9c8\uac10\ud558\uba70 4\uac70\ub798\uc77c \uc5f0\uc18d \uc0c1\uc2b9\ud588\ub2e4.
    7\uc6d4\uc758 \ud558\ub77d\ubd84 \ub300\ubd80\ubd84\uc744 \ub9cc\ud68c\ud588\uc73c\uba70, \uc62c\ud574 \ub4e4\uc5b4 \uc0c1\uc2b9\ub960\uc740 1.8%\ub97c \uae30\ub85d\ud588\ub2e4.
    \ud604\ubb3c \uc678\ud658\uc2dc\uc7a5 \uac70\ub798 \uaddc\ubaa8\ub294 5\uc5b58,230\ub9cc \ub2ec\ub7ec\uc5d0 \ub2ec\ud588\ub2e4.
    \uc911\uc559\uc740\ud589(BCRA)\uc740 \ud658\uc728 \ubc34\ub4dc \uc0c1\ub2e8\uc744 1,831.31\ud398\uc18c\ub85c \uc720\uc9c0\ud558\uace0 \uc788\uc73c\uba70, \ud604\uc7ac \ub3c4\ub9e4\ud658\uc728\uc740 \uac1c\uc785 \uc0c1\ub2e8\ubcf4\ub2e4 \uc57d 23.7% \ub0ae\uc740 \uc218\uc900\uc774\ub2e4.
    \uc911\uc559\uc740\ud589\uc740 \uc2dc\uc7a5\uc5d0\uc11c 3,200\ub9cc \ub2ec\ub7ec\ub97c \ub9e4\uc785\ud588\uc73c\uba70 \uc774\ub294 \ub2f9\uc77c \uac70\ub798\ub7c9\uc758 5.5%\uc5d0 \ud574\ub2f9\ud55c\ub2e4.
    \ud55c\ud3b8 \uae08 \uac00\uaca9 \ud558\ub77d\uc758 \uc601\ud5a5\uc73c\ub85c \uc678\ud658\ubcf4\uc720\uc561\uc740 2,300\ub9cc \ub2ec\ub7ec \uac10\uc18c\ud574 488\uc5b5700\ub9cc \ub2ec\ub7ec\ub97c \uae30\ub85d\ud588\ub2e4.<\/li>\n\n\n\n
  5. \uc2dc\uce74\uace0 \ub300\ub450 \uac00\uaca9, 5\uc6d4 \uc774\ud6c4 \ucd5c\uace0\uce58 \uae30\ub85d
    \uc2dc\uce74\uace0 \uc0c1\ud488\uac70\ub798\uc18c\uc5d0\uc11c \ub300\ub450 \uac00\uaca9\uc740 1.5% \uc0c1\uc2b9\ud574 \ud1a4\ub2f9 450\ub2ec\ub7ec\ub97c \uae30\ub85d\ud588\ub2e4.
    \uc774\ub294 5\uc6d4 \uc774\ud6c4 \uac00\uc7a5 \ub192\uc740 \uac00\uaca9\uc774\ub2e4.
    \ubbf8\uad6d \uc911\uc11c\ubd80 \uc9c0\uc5ed\uc758 \uac00\ubb44 \uc6b0\ub824\uac00 \ub9e4\uc218\uc138\ub97c \uc790\uadf9\ud588\uace0, \uc911\uad6d\uc758 \uacac\uc870\ud55c \uc218\uc694\ub3c4 \uc0c1\uc2b9\uc138\ub97c \ub4b7\ubc1b\uce68\ud588\ub2e4.
    \uc911\ub3d9 \uc9c0\uc5ed\uc758 \uad70\uc0ac\uc801 \uae34\uc7a5\uc73c\ub85c \uc11d\uc720 \uac00\uaca9\uc774 \uc0c1\uc2b9\ud558\uba74\uc11c \ubc14\uc774\uc624\uc5f0\ub8cc \uc6d0\ub8cc\uc778 \ub300\ub450 \uac00\uaca9\ub3c4 \ud568\uaed8 \uc62c\ub790\ub2e4.
    \ub85c\uc0ac\ub9ac\uc624 \uace1\ubb3c\uac70\ub798\uc18c\ub294 \uc545\ucc9c\ud6c4\uc640 \uc911\uad6d \uc218\uc694\uac00 \uac00\uaca9 \uc0c1\uc2b9\uc758 \ud575\uc2ec \uc694\uc778\uc774\ub77c\uace0 \ubd84\uc11d\ud588\ub2e4.
    \uc544\ub974\ud5e8\ud2f0\ub098\ub294 \uc774\ubc88 \uc2dc\uc98c \ub300\ub450 \uc0dd\uc0b0\ub7c9 5,000\ub9cc \ud1a4\uc744 \uae30\ub85d\ud588\uc73c\uba70, \ucd5c\uadfc 5\ub144 \ud3c9\uade0\ubcf4\ub2e4 \uc57d 20% \ub9ce\uc740 \uc0dd\uc0b0\ub7c9\uc744 \ub2ec\uc131\ud588\ub2e4.<\/li>\n\n\n\n
  6. \ubc14\uce74 \ubb34\uc5d0\ub974\ud0c0 \uac1c\ubc1c \ud798\uc785\uc5b4, \ub124\uc6b0\ucf04\uc8fc \ub274\uc695\uc5d0\uc11c \ucc44\uad8c \ubc1c\ud589 \ucd94\uc9c4
    \ub124\uc6b0\ucf04\uc8fc\ub294 2017\ub144 \uc774\ud6c4 \ucc98\uc74c\uc73c\ub85c \ub274\uc695\ubc95\uc744 \uc801\uc6a9\ubc1b\ub294 \ucc44\uad8c\uc744 \ubc1c\ud589\ud560 \uc608\uc815\uc774\ub2e4.
    \ucd5c\ub300 5\uc5b5 \ub2ec\ub7ec \uaddc\ubaa8\ub97c \uc870\ub2ec\ud560 \uacc4\ud68d\uc774\uba70, \ubc14\uce74 \ubb34\uc5d0\ub974\ud0c0\uc758 \uc5d0\ub108\uc9c0 \uc790\uc6d0\uc744 \uae30\ubc18\uc73c\ub85c \ud55c\ub2e4.
    \ub9cc\uae30: 7\ub144, \uc608\uc0c1 \uae08\ub9ac: \uc5f0 7~8%\uc774\uba70
    \uc6d0\uae08\uc740 2032~2034\ub144\uc5d0 \uac78\uccd0 \ubd84\ud560 \uc0c1\ud658\ud558\uba70, \uc11d\uc720 \ub85c\uc5f4\ud2f0\ub97c \ub2f4\ubcf4\ub85c \uc81c\uacf5\ud558\uc9c0 \uc54a\ub294\ub2e4.
    \uc870\ub2ec \uc790\uae08\uc758 70%\ub294 \uacf5\uacf5 \uc778\ud504\ub77c \uc0ac\uc5c5, \ub098\uba38\uc9c0\ub294 \ud5a5\ud6c4 \ubd80\ucc44 \uc0c1\ud658\uc744 \uc704\ud55c \uc900\ube44\uae08\uc73c\ub85c \uc0ac\uc6a9\ud560 \uacc4\ud68d\uc774\ub2e4.
    \uc2e0\uc6a9\ud3c9\uac00\uc0ac \ud53c\uce58\ub294 \ucd5c\uadfc \ub124\uc6b0\ucf04\uc8fc\uc758 \uc2e0\uc6a9\ub4f1\uae09\uc744 \uc0c1\ud5a5 \uc870\uc815\ud588\uc9c0\ub9cc, \uc5ec\uc804\ud788 \uc11d\uc720\u00b7\uac00\uc2a4 \uc0b0\uc5c5 \uc758\uc874\ub3c4\uac00 \ub192\uc740 \uc810\uc740 \uc704\ud5d8 \uc694\uc778\uc73c\ub85c \uc9c0\uc801\ud588\ub2e4.<\/li>\n\n\n\n
  7. \uc911\ub3d9 \uae34\uc7a5\uc73c\ub85c \uad6d\uc81c\uc720\uac00 \uac15\uc138 \uc9c0\uc18d
    \uad6d\uc81c \uc720\uac00\ub294 \ucc28\uc775\uc2e4\ud604 \ub9e4\ubb3c\uc774 \ub098\uc654\uc9c0\ub9cc \uc911\ub3d9\uc758 \uad70\uc0ac\uc801 \uae34\uc7a5\uc73c\ub85c \ub192\uc740 \uc218\uc900\uc744 \uc720\uc9c0\ud588\ub2e4.
    *\ube0c\ub80c\ud2b8\uc720: \ubc30\ub7f4\ub2f9 \uc57d 90\ub2ec\ub7ec
    *WTI: \ubc30\ub7f4\ub2f9 \uc57d 83\ub2ec\ub7ec
    \ub274\uc695 \uc99d\uc2dc\ub294 \uc18c\ud3ed \uc0c1\uc2b9\ud588\uc73c\uba70, \ud22c\uc790\uc790\ub4e4\uc740 \uc678\uad50\uc801 \ud574\uacb0\uc744 \uae30\ub300\ud558\uace0 \uc788\ub2e4.
    \uadf8\ub7ec\ub098 \ud604\uc7ac \uc804\ud22c\ub294 \uacc4\uc18d\ub418\uace0 \uc788\uc73c\uba70,
    \uc774\ub780\uc740 \ubc14\ub808\uc778\uacfc \ucfe0\uc6e8\uc774\ud2b8\uc758 \ubbf8\uad70 \uae30\uc9c0\ub97c \uacf5\uaca9\ud588\ub2e4\uace0 \ubc1c\ud45c\ud588\uace0, \ubbf8\uad6d\uc740 \uc774\ub780 \uad00\ub828 \ubaa9\ud45c\ubb3c\uc5d0 \ub300\ud55c \uacf5\uc2b5\uc744 10\uc77c \uc5f0\uc18d \uc774\uc5b4\uac14\ub2e4.
    \uc774\ub780 \uc815\ubd80\ub294 \uc0ac\uc2e4\uc0c1 \uc804\uba74\uc804\uc5d0 \ub3cc\uc785\ud588\ub2e4\uace0 \uc120\uc5b8\ud588\uc73c\uba70, \ubbf8\uad6d\uc740 \uad70\uc0ac\uc801 \uc555\ubc15\uc744 \uacc4\uc18d\ud558\uaca0\ub2e4\ub294 \uc785\uc7a5\uc744 \ubc1d\ud614\ub2e4.
    \ud55c\ud3b8 \ud30c\ud0a4\uc2a4\ud0c4\uc740 \uc678\uad50\uc801 \uc911\uc7ac\ub97c \uc2dc\ub3c4\ud558\uace0 \uc788\uc73c\uba70, \ubbf8\uad6d\ub3c4 \uc0c1\ud669\uc774 \ubcc0\ud560 \uacbd\uc6b0 \ub300\ud654\uc5d0 \ub098\uc124 \uac00\ub2a5\uc131\uc744 \uc5f4\uc5b4\ub450\uace0 \uc788\ub2e4\uace0 \ubc1d\ud614\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":13647,"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-13646","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\/13646","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=13646"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/13646\/revisions"}],"predecessor-version":[{"id":13648,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/13646\/revisions\/13648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/13647"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}