Libertarian President, Javier Milei of Argentina, Quickly Produces Historic Budget Surplus
So it turns out, having a legitimate President interested in free markets, can lead to quick turnarounds. Javier Milei of Argentina has already created the countries largest “surplus” since 2011.
BNNBreaking - Argentina's new President Javier Milei has achieved the country's first monthly budget surplus in over a decade, but the cost has been a dramatic rise in poverty rates. As Milei pushes for dollarization and fiscal balance, concerns grow about the social impact of his economic policies.
In a move that has both shocked and intrigued observers around the world, Argentina's newly elected President Javier Milei has steered the country towards its first monthly budget surplus since August 2012, a feat not achieved in the opening month of the year since 2011.
This striking financial turnaround, reported at 518.41 billion pesos ($620.85 million), emerges amidst a series of bold economic reforms that have sparked widespread debate about their long-term implications for the nation's economy and its citizens.