The Government expects a fiscal surplus of US$6 billion in 2024

The Government expects a fiscal surplus of US billion in 2024

August 14, 2024 – 11:39

The Chief of Staff highlighted the Government’s fiscal results. “We have eliminated expenses everywhere, eliminating unnecessary agencies and personnel,” he concluded.

Ignacio Petunchi

The Chief of Staff, Guillermo Francos He predicted that Argentina will close the year with a fiscal surplus equivalent to US$6 billion. “In six months of government, we have achieved a 0.5% surplus, that is, US$3 billion. We hope to end the year with US$6 billion,” he said during his participation in the Council of America.

“We arrived in January, we had to pay off the debt, and in July we paid again. And yet, by paying off debt, we achieved a surplus, not a financial one in this last month but in previous months,” said the head of ministers before businessmen at the Alvear hotel. Along these lines, he stressed that inflation fell and will continue on that path.

He also said that “until we can grow, which is the stage that is beginning now, the deficit will be solved by eliminating spending.” “We have eliminated spending everywhere, eliminating unnecessary agencies and personnel,” he added.

The debate on co-participation has entered the Council of the Americas

The debate between Nation and City of Buenos Aires for the co-participation arrived at the halls of the Hotel Alvear. In a new edition of the Council of the Americas The Chief of Staff crossed paths, Guillermo Francoswith the head of the Government of the City of Buenos Aires, Jorge Macri.

It was the latter who took the opportunity to mention the subject by acknowledging “tensions.” “Because governing is about that and we are discussing issues such as co-participation”he said while clarifying that he shares “common ideas and objectives” with the Government.

“We share with the government of Javier Milei values, the goal of a citizenry with fewer obstacles and more freedom,” said the head of Government and added: “Governing a country implies making difficult decisions, we govern to confront problems, we are fighting uncomfortable battles.”

In turn, Francos highlighted the link with Macri. “We have an excellent relationship that we will combine much better in the coming days”said the Chief of Staff. Although he did not give details about this last comment, Those present at the Alvear Hotel took it as a sign of good will in the face of the payment that the Nation must face. by co-participation.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts