Argentina Reports Rising Fiscal Surplus Before Debt Payments

The Argentine government said it accumulated a fiscal surplus before debt payments of $709 million in September, 36.8 percent more than a year earlier as a surging economy provided higher than expected tax receipts. The Argentine economy is set to grow more than 8 percent this year. In the first nine months of the year the surplus before debt payments was $6.12 billion, 13.1 percent more than the same period in 2005.