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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Colombian Finance Minister presenting 2026 economic projections including dollar rate at $3,801 and Brent oil at $59.2, amid charts and a skeptical press audience.
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Colombian government projects dollar at $3,801 and brent at us$59.2 for 2026

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The Ministry of Finance published the Financial Plan for 2026, projecting 2.6% GDP growth and 5.8% inflation. The document estimates an average dollar rate of $3,801 and Brent barrel at US$59.2, though analysts warn of calculation errors and lack of concrete measures for fiscal cuts. The publication was delayed by more than a month compared to previous years.

Argentina's government under Javier Milei is pushing to privatize six state-owned companies to secure dollars and bolster reserves, even though four ended 2025 with financial surpluses. State firms collectively posted a $903 billion surplus last year, despite an operating deficit.

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The Autonomous Fiscal Rule Committee reported that central government total and primary spending through April 2026 reached 7.5% and 6% of GDP respectively.

Following the U.S. appeals court's recent annulment of a $16 billion YPF expropriation ruling, Argentina gains partial relief from international litigation pressures. However, claims exceeding US$10 billion persist in cases involving debt, GDP-linked bonds, holdouts, Aerolíneas Argentinas, and related matters, amid reported government infighting.

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After the Constitutional Court struck down the December 2025 emergency economic decree, the Colombian government will present a tax reform to raise $16 trillion. Finance Minister Germán Ávila and President Gustavo Petro confirmed the plan in response to the fiscal imbalance. The measure aims to avoid cuts to social spending and address inherited deficits.

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