
The surplus achieved in the first quarter of 2024 amounted to approximately 275 billion pesos ($305 million), or about 0.2% of Argentina’s GDP. This is the first time since 2008 that Argentina has seen its revenues exceed expenditures. These efforts aim to tackle the country’s soaring inflation, currently near a staggering 300%.
June 10, 2024
SOURCE: RIO TIMES
MORE COVERAGE:
https://www.riotimesonline.com/argentina-sustains-fiscal-surplus-despite-economic-challenges