Primary surplus in May fell close to 24%

Argentina’s primary surplus fell a 23.9 percent in May compared to the same month last year, totaling $2.3 billion pesos (US$529.3 million). In May, 2011, it reached $3.1 billion pesos, the Government said.

Economy Minister Hernán Lorenzino assured that this is however “a satisfactory result” if you take the “complex international scenario” into account.