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 | Aug 13, 2020 | Budget Execution
National government primary deficit amounted to AR$43.4 billion, due to the increase in expenditures and the decrease in revenues, both conditioned by the health crisis. Meanwhile, if interest on the debt is included, the financial deficit widens to AR$74.12 billion....
by | Jun 10, 2020 | Budget Execution
The transfer of profits from the Central Bank to the National Treasury for AR$430 billion during May improved total revenues to face the higher expenses demanded by the health emergency and reduced the deficit in public accounts. Primary expenditures increased by...
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...
by | Dec 11, 2019 | Budget Execution
The primary balance for the month of November resulted in a deficit of AR$109.34 billion, the third month of the fiscal year with a negative outcome. Debt interest amounted to AR$124.23 billion, which had an impact on the deficit of AR$233.57 billion in the month and...
