Economic Indicators

Argentina logs first financial surplus in 14 years in 2024

2025.01.17 12:11

© Reuters. FILE PHOTO: Pedestrians walk in downtown Buenos Aires, Argentina January 16, 2025. REUTERS/Agustin Marcarian/File Photo

(Reuters) – Argentina brought in its first financial surplus in more than a decade in 2024, Economy Minister Luis Caputo said on X on Friday, despite the monthly data for December being in the negative.

The South American nation logged a primary fiscal deficit of 1.30 trillion pesos and a financial deficit of 1.56 trillion pesos in December, Caputo said, explaining that the month typically had high government spending.



Source link

Related Articles

Back to top button