YoursTruly
Platinum Member
- Dec 21, 2019
- 9,180
- 5,657
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This is the kind of conservatism this country needs. Not these big spending, big government politicians like Biden or Trump.
He's cut government spending. The size of government. Cut out a lot of programs that should have nothing to do with government. And it's working.
Inflation is still high. And will be for a bit. But the end result will be more economic freedom. More small business's and less unemployment.
The primary fiscal surplus stood at 264.9 billion pesos ($299.0 million) in April, down from the 625.0 billion pesos seen in March, but marking the fourth straight month in positive territory after years of regular deficits.
The government of President Milei, a libertarian economist, also achieved a first-quarter primary fiscal surplus of 275 billion pesos, the first of its kind in 16 years.
He's cut government spending. The size of government. Cut out a lot of programs that should have nothing to do with government. And it's working.
Inflation is still high. And will be for a bit. But the end result will be more economic freedom. More small business's and less unemployment.
Argentina posts fourth month of fiscal surplus under Milei, but margin narrows
BUENOS AIRES, May 16 (Reuters) - Argentina posted primary fiscal and financial surpluses in April, the economy ministry said on Thursday, driven by an austerity package under new libertarian President Javier Milei, though the figures were narrower than the previous month.The primary fiscal surplus stood at 264.9 billion pesos ($299.0 million) in April, down from the 625.0 billion pesos seen in March, but marking the fourth straight month in positive territory after years of regular deficits.
The government of President Milei, a libertarian economist, also achieved a first-quarter primary fiscal surplus of 275 billion pesos, the first of its kind in 16 years.
