In April, the primary spending of the National Public Sector reached $2,197,693.4 million and presented an increase of +88.7% yoy
In April, the National Public Sector registered a primary deficit of $331,372.8 million and a financial deficit of $407,338.0 million. Thus, it closed the first quarter with a primary deficit of $1,021,300.6 million.
In April, SPN Tax Revenues amounted to $1,866,320.6 million, (+71.9% yoy). Excluding taxes on foreign trade, the increase in tax resources rose to 102.7% yoy
“In the framework of this restrictive scenario, the administration of the fiscal policy ordered by the authorities of the Ministry of Economy moderated the negative impact on the primary result of the period caused by the aforementioned drop in collection,” it was officially stated.
In April, the primary expenditure of the National Public Sector reached $2,197,693.4 million and presented an increase of +88.7% yoy
At the same time, capex grew +99.4% yoy It was “driven by public investment in energy infrastructure and housing works, among which is the Néstor Kirchner Gas Pipeline,” it said in a statement.
Source: Ambito
