In February, Argentina reported a primary fiscal surplus of 1.177 trillion pesos ($1.10 billion) and a public sector financial surplus of 310.73 billion pesos, due to austerity measures under President Milei’s government.
In February, Argentina achieved a primary fiscal surplus of 1.177 trillion Argentine pesos, equivalent to $1.10 billion, as announced by Economy Minister Luis Caputo. Additionally, the public sector recorded a financial surplus amounting to 310.73 billion pesos during the same month. This fiscal achievement comes as President Javier Milei’s administration implements rigorous austerity measures in an effort to address the ongoing economic crisis in the nation.
Argentina has demonstrated fiscal improvements by achieving a primary surplus in February, a step towards financial recovery under President Milei’s austere policies. This development is crucial as the country navigates its economic challenges, reflecting the government’s commitment to fiscal discipline.
Original Source: www.tradingview.com
