INSUBCONTINENT EXCLUSIVE:
In May 2024, Argentina reached a significant financial milestone by achieving its largest monthly primary surplus in recent history.The
country reported a primary surplus of 2.33 trillion pesos ($2.57 billion) and a financial surplus of 1.18 trillion pesos.Importantly, this
cuts across various sectors, including public works and economic subsidies.Additionally, these cuts extend to transfers to provinces and
universities.Furthermore, these efforts are part of a comprehensive strategy to manage chronic high inflation and responsibly tackle
national debt concerns.The first quarter of the year also demonstrated commendable fiscal discipline, reporting a primary surplus of 3.868
(Photo Internet reproduction)This accounts for about 0.6% of the GDP
Moreover, a financial surplus of 1.133 trillion pesos was achieved, representing 0.2% of the GDP.Notably, this marks the first occurrence of
has proposed radical changes to streamline government operations.These include the potential elimination of several ministries and
economic stability and confidence, both domestically and internationally.Consequently, this could lead to sustainable growth, improved
investor confidence, and a better standard of living for its citizens, marking a critical step toward long-term economic health and