Argentina has posted its largest monthly primary fiscal surplus yet under libertarian President Javier Milei, reaching 2.33 trillion pesos ($2.57 billion) in May. This marks the fifth consecutive month of a primary budget surplus. Additionally, Argentina's trade balance recorded a surplus of $2.65 billion in May, the highest monthly figure since records began. Exports increased by 21.7% year-on-year, while imports decreased by 32.8%. Despite these fiscal achievements, 72% of surveyed Argentinians report being worse off under Milei's administration, with 54.9% relying on savings to make it through the month. Milei's government plans to implement tough measures against gangs and criminals inspired by Nayib Bukele's strategies in El Salvador. Furthermore, Milei has promoted Bitcoin as part of his currency reform plan, advocating for free competition of currencies in Argentina.
How's it going in Javier Milei's Argentina? https://t.co/8K7psicanA
Ian Vasquez: What Has Javier Milei Accomplished in Argentina? https://t.co/XRQkdsISwm
By most economic measures Argentina’s president is beating expectations. Yet the country’s knot of economic failures will be devilishly difficult to untie—and the hardest part for Javier Milei is still to come https://t.co/oeR1Iv9Pjk 👇
President of Argentina Javier Milei says "there will be free competition of currencies so if you want to use #Bitcoin there will be no problems."💪 https://t.co/EKWp9qAxL1
Argentine leader @JMilei promotes #Bitcoin in currency reform plan via @hardeyjumoh https://t.co/ZCRRrMtCt1
Javier Milei is right to explore new ways to anchor the economy. Yet so far he has offered monetary anarchy rather than a new order https://t.co/tNnGUzN9jB Photo: Eyevine https://t.co/rL281AZvAP
5th straight monthly budget surplus for @JMilei’s Argentina. https://t.co/N3nDK3VAj7
5th straight monthly primary budget surplus for @JMilei’s Argentina, not including interest payments. https://t.co/N3nDK3VAj7
President #JavierMilei has turned #Argentine foreign policy in a pro-American, pro-#NATO direction. @RyanBergPhD and @arielsgl in @TheNatlInterest https://t.co/pfSApHOhbt
Argentina's 🇦🇷 trade balance recorded a surplus of US$2.65 billion in May, the highest monthly figure since records began: it is the sixth consecutive month with a positive balance. Exports increased 21.7% year-on-year and imports decreased by 32.8%. https://t.co/QTlbkPNArC https://t.co/dxn9ScElIU
“At the start of the twentieth century, Argentina was one of the wealthiest countries in the world. The capital, Buenos Aires, was known as “the Paris of South America.” Excellent interview of @JMilei by @bariweiss https://t.co/cqRIqp8cIw
⚠️ ARGENTINA MAY TRADE BALANCE AT $+2,656 MLN - STATS AGENCY
Argentina: 72% of those surveyed say they are worse off under Javier Milei and 54.9% are using their savings to make it to the end of the month. https://t.co/EWeO6b4g8r
Javier Milei's government plans to implement Nayib Bukele's tough measures against gangs and criminals in Argentina. Follow: @AFpost https://t.co/LAgQIkv9ND
Javier Milei’s position improved and he is now the South American president with the best image. The head of state who lost the most positive image in the last month is Gabriel Boric, from Chile. https://t.co/nbh83q3rkA
Argentina posts largest monthly primary surplus yet under Milei https://t.co/FLrUUGunFl https://t.co/ljqtBOCy7e
🔵 ARGENTINA POSTS LARGEST MONTHLY PRIMARY SURPLUS YET UNDER MILEI Cash-strapped Argentina posted a fifth straight monthly primary fiscal surplus of 2.33 trillion pesos ($2.57 billion) in May, the largest yet under libertarian President Javier Milei who took office in December… https://t.co/vrS4NK8sy0