Argentina December primary budget deficit totals 11.05 bln pesos
BUENOS AIRES, March 5 |
BUENOS AIRES, March 5 (Reuters) - Argentina posted a primary budget deficit of 11.05 billion pesos ($2.25 billion) in December, compared with a 8.11 billion peso deficit in the same month a year earlier, the government said on Tuesday.
The primary budget balance, which shows government finances before debts are paid, accumulated a deficit of 4.37 billion pesos in 2012. This compared with a surplus of 4.92 billion pesos in 2011.
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