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 | Jun 10, 2021 | Budget Execution
The increase in total resources (net of Central Bank profits) and a decrease in expenditures led the National Government to record another decrease in the primary deficit in May, which reached AR$ 72.8 billion, an improvement in real terms of 81.2% with respect to the...
