by | Sep 14, 2021 | Budget Execution
Driven by the strong increase in Export Duties, VAT, and Income Tax, in that order, National Government revenues increased by 12.3% in August in real terms year-on-year (YoY). Mainly because of the increase in capital expenditures and energy subsidies, primary...
by | Jul 26, 2021 | Budget Law
As of May 31, the National Government accumulated a primary deficit of ARS172.41 billion and a financial deficit of ARS395.35 billion, prioritizing spending on social services, which accounted for 69.1% of total expenditure. These figures are contained in the 2022...
by | Jul 15, 2021 | Budget Execution
Because of a real fall in National Government expenditures, mainly in pensions and government wages, and an increase in the different revenue categories, public accounts improved, and the primary deficit was ARS473.1 billion, 64.0% less than that of the previous year....
by | Nov 11, 2020 | Budget Execution
Excluding the profits transferred by the Central Bank to the Treasury, the revenues of the national government fell in October by 11.0% in real terms with respect to the same month of the previous year, while primary expenditures grew by 22.9%, mainly due to the...
by | Nov 12, 2019 | Budget Execution
October’s primary balance was in surplus by AR$23.09 billion, improving previous year’s performance. However, considering the payment of interest on the public debt for AR$39.48 billion, the financial balance was in deficit by AR$16.38 billion. So far this...
