US EditionFederal Budget: Government Deficit Exceeds $1.6T In 2025
Argentina achieved a fiscal surplus of 0.2% of GDP in 2025, supported by a 27% real reduction in primary spending and tax cuts under President Javier Milei's zero deficit policy.
- Argentina recorded a budget surplus last year, with the overall fiscal surplus reaching 0.2 percent of GDP, according to the government’s monthly publications.
- Interest Expense reached $999B last year, with October and December recording much larger-than-average deficits, according to government data.
- The published charts and tables show an in-depth review of revenues and spending, while monthly spending and revenue numbers reveal uneven shortfalls last year, including in October and December.
- Rising debt-service burdens appear in the trailing-12-month figures, with Interest Expense and shortfalls pushing the cumulative deficit above $1.6T.
- Monthly published Federal Government monthly data offers immediate evidence of fiscal strain as Interest Expense reached $999B, with large deficits in October and December framing budget challenges.
24 Articles
24 Articles
Argentina’s 2025 Fiscal Surplus Marks A Turn, With 2026 The Real Test
Key Points Argentina says 2025 ended with a 1.4% primary surplus and a 0.2% financial surplus. Officials credit real spending cuts, targeted aid increases, and tax reductions. The headline is powerful, but definitions and durability will decide credibility. Argentina is trying to turn a budget result into a credibility reset. The Economy Ministry says 2025 […]
Argentina has managed, for the second consecutive year, to register a primary fiscal surplus in 2025 thanks to the reduction of taxes of more than 2.5% of GDP since 2024, as announced by the Minister of Economy, Luis Caputo, in his X account. It is the only existing record in recent years of two continuous periods of financial greens. The primary surplus last year was 11.8 million dollars (10.1 million euros), while the financial surplus was 1.5…
The positive balance was achieved after a decrease in taxes and a significant decrease in expenditure in real terms
For the second consecutive year, national public sector spending fell in 2025 and deepened the fiscal adjustment path promoted by the government. Central government spending rose from $135 billion in 2023 to $97 billion in 2025, according to estimates by the Argentine Institute of Fiscal Analysis (Iaraf). According to its director, Nadin Argañaraz, “since the expenditure of 2025 would have been similar to that of 2024 in real terms, the reductio…
Since 2008, the country has not accumulated two consecutive years of positive results in public accounts.
Coverage Details
Bias Distribution
- 86% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
