Argentina posts fiscal surplus after Milei’s budget cuts
Jan 17, 2025 · President Javier Milei made good on his promise to deliver a fiscal surplus in his first year, achieving a feat not seen in over a decade in Argentina’s deficit-prone economy. “Today’s fiscal result must be understood as a landmark in our history,” Economy Minister Luis Caputo posted on X ...
The spending cuts that allowed Milei to turn around the economy
Apr 23, 2024 · Argentina’s budget surplus, announced by President Javier Milei in a speech on Monday night, was built on the basis of spending cutbacks that outweighed a fall of income and debt interest payments, according to a private study.
Milei's Argentina seals budget surplus for first time in 14 years
Jan 17, 2025 · Argentina brought in its first budget surplus in more than a decade in 2024, data published on Friday showed, marking a win for libertarian President Javier Milei and his sweeping austerity...
How Javier Milei's shock measures are reshaping Argentina's …
Dec 10, 2024 · Argentina’s first budget surplus in 12 years has come at a steep cost. Milei halted inflation increases for university budgets , leaving some universities struggling to keep their lights on and elevators running.
Argentina’s Javier Milei announces nation’s first budget surplus …
Apr 24, 2024 · BUENOS AIRES-Argentina’s spending-slashing new President Javier Milei has hailed his country’s first quarterly budget surplus since 2008 as a “historic achievement”.
Milei touts 'promises kept' after producing rare budget surplus
Jan 18, 2025 · Argentina's government said Friday it had produced the country's first budget surplus in more than a decade in 2024, after a year of drastic austerity by libertarian President Javier Milei, whose term has also seen inflation fall.
How President Javier Milei Ended 123-Year Budget Deficit
Dec 13, 2024 · Argentina has achieved a historic milestone under President Javier Milei, ending its budget deficit for the first time in 123 years. Marking one year in office, Mr. Milei’s drastic cost-cutting measures and economic reforms have placed the country on a path to stability.
Javier Milei’s first year: $3 billion surplus and tenfold lower ...
Dec 14, 2024 · He fulfilled his campaign promises quickly after coming to power, resulting in a $3 billion budget surplus a year later. The peso was devalued, price controls were lifted, numerous public works were suspended, and local government budgets were cut tenfold.
Argentina Sees First Monthly Budget Surplus In 12 Years
Feb 17, 2024 · The Argentine government in January saw its first monthly budget surplus in nearly 12 years, as new President Javier Milei continues to push for strong spending cuts, the Economy Ministry...
Argentina Achieves Budget Surplus After 14 Years and …
Jan 18, 2025 · Argentina achieves its first budget surplus in 14 years under President Javier Milei, driven by bold reforms, including reduced government spending, ministerial cuts, and regulatory overhauls.