The Argentine government in January saw its first monthly budget surplus in nearly 12 years, as new President Javier Milei continues to push for strong spending cuts, the Economy Ministry announced.

January was the first full month in office for Milei, a far-right libertarian who took office in December, and it ended with a positive balance for public-sector finances of $589 million at the official exchange rate, the government said late Friday.

The figure includes payment of interest on the public debt.

  • AggressivelyPassive
    link
    fedilink
    English
    169 months ago

    Yeah, not paying anything will do that.

    It’s essentially the same logic galaxy brain Musk tried by not paying rent.

    • @Sanctus
      link
      English
      89 months ago

      And every worker protection waa cut. So its just full on whatever the corpos want you to do.

    • @[email protected]
      link
      fedilink
      English
      79 months ago

      Local family sees first surplus in the bank account in months after they get evicted and begin sleeping in the streets