The Government Maintained the Fiscal Surplus in September by Pruning Public Spending
5 Articles
5 Articles
The Minister of Economy, Luis Caputo, announced that the National Public Sector recorded in September a primary surplus of $696,965 million and a financial surplus of $309,623 million, according to his official account of the X network (ex Twitter).The data consolidated nine consecutive months of fiscal balance and confirmed the strategy of adjustment of the expenditure implemented by the government.In its publication, Caputo specified that betw…
The Ministry of Economy achieved a financial surplus of more than $300 billion during the ninth month of the year. In the cumulative, the primary balance is positive at 1.3% of the Gross Domestic Product (GDP). Where the adjustment was concentrated. Read more
In September, the National Public Sector (SPN) recorded a financial surplus of $309,623 million, according to the Ministry of Economy. The primary result was $696,965 million, which was reduced after the payment of public debt interest of $387,342 million. With these results, the SPN accumulated a financial surplus of 0.4% of the Gross Domestic Product (GDP) to the ninth consecutive month and a primary surplus of 1.3% of GDP, holding the governm…
Luis Caputo said that "in the face of attempts on the part of the political arch to break the fiscal balance, the government will continue to guarantee the order of public accounts."The surplus fell 35% over the one that occurred in the same month of 2024.
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