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Argentina Records Fiscal Surplus in May, Says Economy Minister

Summary by Noticias Argentinas | Agencia De Noticias
The National Public Sector recorded in May a financial surplus of $662,123 million, equivalent to 0.2% of GDP, which marked the continuity of the pillar of the economic program of President Javier Milei. The primary result showed a balance in favor of $1,666,917, which was reduced after interest payment of the debt for $1,034,795 million. With these results, the accumulated in the first five months of the year amounts to a primary surplus close …

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Due to the fall in tax collection, the fiscal surplus was reduced in May, but Javier Milei's government maintained its main economic policy axis and assured that the accumulated savings will be enough to compensate for the bump that will occur in July for seasonal reasons. Thus, the Ministry of Economy sought to reinforce the message that the government has controlled the fiscal situation beyond the decline of revenues and the reduction and elim…

The Ministry of Economy reported that the National Public Sector closed May with a financial surplus of $662,123 million, equivalent to 0.2% of the Gross Domestic Product (GDP).This result was obtained after calculating the payment of interest on debt for $1,034,795 million, which reduced a primary surplus of $1,666,917 million.With these data, the accumulated surplus of the first five months of the year reaches a primary surplus of close to 0.8…

Argentina has recorded a financial surplus for the fifth consecutive month by placing this figure at $662 million (€575 million) in May, thus exceeding the International Monetary Fund (IMF) target of 6 trillion Argentine pesos (€4,565 million) before the first revision of a credit agreement valued at $20 billion (€17,381 million).

MADRID, 18 (EUROPA PRESS) Argentina has recorded financial surplus for the fifth consecutive month by placing this figure at 662 million dollars (575 million euros) in the month of May, and thus exceeds the target set by the International Monetary Fund (IMF) of 6 trillion Argentine pesos (4,565 million euros) before [...] Argentina's entry records financial surplus for the fifth consecutive month and exceeds the target demanded by the IMF appear…

The Minister of National Economy emphasized that the accumulated "will allow to solve the months of seasonal deficit - July and December fundamentally".

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Ámbito broke the news in Argentina on Wednesday, June 18, 2025.
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