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Milei announces Argentina’s first budget surplus in 16 years

By Inquirer - 7 months ago
BUENOS, Aires — Argentina’s spending-slashing new President Javier Milei has hailed his country’s first quarterly budget surplus since 2008 as a “historic achievement.” In the first quarter of 2024, the South American country recorded a budget surplus of about 275 billion pesos (some $309 million at the official rate), he told national TV late Monday.

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