by | Dec 14, 2020 | Budget Execution
During the month of November, total revenues of the National Government showed an expansion in real terms of 27.0% year on year (YoY) because of the transfer of profits from the Central Bank of Argentina (BCRA) to the National Treasury in the amount of AR$150 billion....
by | Oct 27, 2020 | Budget Execution
In the first nine months of the year, national government revenue grew by 5.0% YoY in real terms, while expenditure grew by 9.4% YoY, mainly driven by expenditures to mitigate the consequences of the pandemic. Excluding the profits transferred by the Central Bank...
by | Oct 14, 2020 | Budget Law
The National Budget Bill for 2021 foresees for next year a decrease in deficits due to the partialrecovery of the economy, with an increase in public investments and a reduction in the paymentof interest on the debt. According to the macroeconomic estimates of the...
by | Jul 15, 2020 | Budget Execution
During the first half of the year, the national government recorded a primary deficit of AR$911.12 billion due to the increase in expenditures and the decrease in revenues, both conditioned by the health crisis. his deficit was financed with profits from the Central...
by | Feb 19, 2020 | Budget Execution
Total revenue recorded a real drop of 8.7% year on year (YoY) in January, while total expenditures had a growth of 2.3% YoY. This uneven performance resulted in a financial deficit of AR$568 million, which contrasts with the surplus of AR$29.71 billion recorded in...
by | Jan 15, 2020 | Budget Execution
Fiscal year 2019 ended with a real increase in resources of 2.1% with respect to the previous year and with a contraction in expenditure of 6.4% YoY, spread across the main components, apart from debt interest, which increased by 10.7% YoY in real terms. The...
