ANALYSIS OF NATIONAL TAX REVENUE – AUGUST 2021

ANALYSIS OF NATIONAL TAX REVENUE – AUGUST 2021

Tax revenue totaled ARS1.005 trillion in August, an increase of 64.2% year-on-year (YoY). Adjusted for inflation, the increase was 8.1% YoY. Among the tax resources, the increase in VAT, Tax on Credits and Debits and Profits stand out. Export Duties and Social...
ANALYSIS OF NATIONAL TAX REVENUE – JULY 2021

ANALYSIS OF NATIONAL TAX REVENUE – JULY 2021

Tax revenues totaled ARS933.2 billion in July, which implied an increase of 66.9% year-on-year (YoY). Adjusted for inflation, it expanded 9.9% YoY. Last month, Value Added Tax (VAT), the main tax source, grew 23.1% in real terms. The Tax on Credits and Debits and...
CONSIDERATIONS ON THE 2022 DRAFT BUDGET PROGRESS REPORT

CONSIDERATIONS ON THE 2022 DRAFT BUDGET PROGRESS REPORT

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...
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