Particle.news
Download on the App Store
6 ARTICLES
·
2mo ago

Argentina Tax Revenue Falls for Seventh Straight Month as Provinces Face Funding Squeeze

Export-duty cuts plus a slump in customs VAT drove a roughly 9.7% real drop in February that tightened provincial transfers.

Image
Jalil. Advirtió a los docentes que \"día trabajado, día pagado\"
Image
Las provincias y la Nación ya perdieron este año $3,5 billones por caída de la recaudación.

Overview

  • ARCA reported February collections of 16.23 trillion pesos, up 20.1% nominally but down about 9.7–12.3% in real terms, extending a seven-month slide.
  • Export duties fell around 39.6% year over year in real terms, import duties 26.7%, and customs VAT roughly 37%, while the fuel tax was the only gainer at about 18.8%.
  • Automatic transfers to provinces totaled 5.42 trillion pesos in February, a 7.4% real decline, with first‑bimester coparticipation losses near 1 trillion pesos versus 2025.
  • Discretionary transfers were 120.934 billion pesos in February, down 35.7% year on year, with CABA receiving 87.784 billion (about 73%) and ATN payments of 20 billion to six provinces.
  • Catamarca Governor Raúl Jalil said the province will act prudently on spending and wages as officials prepare short-term budget plans in response to the revenue shortfall.