In a significant economic achievement, Argentina has recorded its first budget surplus in 14 years, a testament to President Javier Milei's robust fiscal policies. Economy Minister Luis Caputo hailed the surplus as a pivotal moment, underscoring the effectiveness of the government's commitment to reducing wasteful expenditure and promoting economic freedom. This milestone reflects the administration's success in instilling fiscal discipline, signaling a promising future for the Argentine economy.
Economic Triumph: Argentina Posts Budget Surplus Under Milei's Fiscally Conservative Leadership
All Versions
Argentina has recorded its first budget surplus barely a year into Javier Milei’s presidency for the first time in 14 years. . “Today’s fiscal result must be understood as a landmark in our history,” Economy Minister Luis Caputo posted on X. “There is no more…
For the first time in 14 years, Argentina has reported a budget surplus under Javier Milei's administration, sparking a mix of reactions. While Economy Minister Luis Caputo celebrates this achievement as a 'landmark in our history,' critics argue that the surplus was achieved at the cost of vital social spending, potentially harming the nation's most vulnerable populations. The question looms: at what cost does this surplus come, and who pays the price?