Macroeconomy/Finance

The primary fiscal deficit was $2.11 billion in July

The primary fiscal deficit slowed in July compared to previous months’ records and reached 155.52 billion pesos ($2.11 bn), the Economy Ministry reported. Total state revenues grew 16.1% year-on-year and 8.3% in monthly terms. On the side of expenditures, primary spending showed an inter-annual growth of 59.2%.

Source: Ámbito

Categories: Macroeconomy/Finance