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MercoPress, en Español

Montevideo, October 19th 2025 - 07:00 UTC

Tag: fiscal surplus

  • Saturday, August 9th 2025 - 10:37 UTC

    Milei defends his vetoing Congress' “noble causes”

    “If you want to go back, you will have to carry me out feet first,” Milei underlined

    Argentine President Javier Milei explained in his broadcast message Friday evening that he vetoed laws recently passed by Congress to raise pensions and disability allowances because they would have increased spending, leading to either printing money or increasing taxes to avoid destroying the fiscal surplus.

  • Wednesday, March 6th 2019 - 08:26 UTC

    Brazil posts a fiscal surplus in January, but public finances remain fragile

    For the 12 months to January, the primary deficit was equal to 1.57% of GDP, the central bank said, a figure that analysts call worryingly high.<br />

    The Brazilian government posted a fiscal surplus of 46.9 billion reais (US$ 12.5 billion) in January, the central bank said, above forecasts but unchanged from a year earlier. In Brazil, January is traditionally marked by higher tax revenues and lighter spending, so these figures do not change the fragile outlook for public finances, analysts said.

  • Thursday, February 24th 2011 - 07:44 UTC

    Boudou announces strong increase in government tax revenue and surplus

    Economy minister Amado Boudou pleased with results ahead of an electoral year

    Argentina’s primary surplus rose 103.7% and reached 2.1 billion Pesos (522 million US dollars) during January year-on-year, according to Economy Minister Amado Boudou. Tax revenue in January set a new record of 40.7 billion Pesos due to booming economic growth and rising inflation.