Argentina's March Primary Surplus ARS848.6 Million

First Published Tuesday, 24th April 2012 01:14 am - © 2012 Dow Jones


BUENOS AIRES -(Dow Jones)- Argentina's government reported a primary surplus of 848.6 million pesos ($192.8 million) in March, the Economy Ministry said Monday in a statement.

That puts the primary surplus down about 35% from ARS1.3 billion the same month a year ago.

The March numbers put government's first quarter primary surplus at ARS2.17 billion.

The government posted a fiscal deficit totaling ARS2.39 billion in March.

-By Taos Turner, Dow Jones Newswires; 5411-4103-6728; taos.turner@dowjones.com

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