Government announces fiscal surplus in February for second month

The Argentine government announced a fiscal surplus in February, marking two consecutive months of positive balance. Economy Minister Luis Caputo released the public sector data and highlighted spending reductions.

On March 16, 2026, the Argentine government reported achieving a fiscal surplus in February, continuing two consecutive months of positive results. Economy Minister Luis Caputo disseminated the national public sector data, underscoring reductions in spending as a key element. The announcement appeared on TN, focusing on fiscal management advancements.

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Illustration of Argentine government building with fiscal surplus charts for a news article about economic surplus.
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Argentine government closes first half with fiscal surplus despite June deficit

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The National Public Sector recorded a primary surplus of 0.6% of GDP and a financial surplus of 0.1% between January and June 2026, the Economy Ministry reported.

The International Monetary Fund published its report on the second review of the Extended Fund Facility agreement with Argentina. It approved a disbursement of one billion dollars and issued observations on statistics and fiscal targets.

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Gross domestic product grew 2.3% in the first quarter compared with the same period in 2025, according to INDEC data. Mining, agriculture and Vaca Muerta drove the result.

Gustavo Petro's government ends its term with a 22.7 trillion peso rise in the state payroll and a fiscal deficit adjusted to 5.3% of GDP.

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Chile's Dirección de Presupuestos (Dipres) reported that the Government's gross debt hit US$158.215 billion by the end of Q1 2026, or 42.6% of GDP. Fiscal cash reserves fell to US$597 million, as fiscal revenues rose 0.9% in real annual terms and public spending 0.7%. The report notes heterogeneous performance driven by mining.

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