MercoPress, en Español

Montevideo, July 24th 2024 - 09:17 UTC

Tag: Financial surplus

  • Tuesday, April 23rd 2024 - 10:33 UTC

    Milei praises his own administration for its financial surplus

    “Inflation is theft. Zero deficit is a commandment,” Milei insisted

    Argentine President Javier Milei Monday highlighted his administration's performance bringing about a financial surplus worth AR$ 276.638 billion (US$ 276.638 million), which constituted a “historical feat.” He also said this achievement of three consecutive surplus-yielding months -something unheard of since 2008- was possible thanks to his administration's “chainsaw” policies cutting State expenditures. Argentina's economic performance fell well within the goals agreed upon with the International Monetary Fund (IMF).