Argentina Tax Revenue Drop Hits Ninth Month as Milei Flies to Milken Conference
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9 Articles
Argentina Tax Revenue Drop Hits Ninth Month as Milei Flies to Milken Conference
Argentina’s tax revenue fell in real terms for the ninth consecutive month in April, the country’s collection agency ARCA confirmed on Monday, May 4, 2026, hours before President Javier Milei boarded a flight to Los Angeles for the 29th annual Milken Institute Global Conference. ARCA collected 17.4 trillion pesos in April, up 27.2 percent in […] The post Argentina Tax Revenue Drop Hits Ninth Month as Milei Flies to Milken Conference appeared fir…
Tax collection reached $17,400,833 million in April and recorded an annual increase of 27.2%, according to the Agency for Revenue and Customs Control (ARCA) this Monday. However, prices rose by about 32% in the same period, so in real terms tax revenues fell against inflation, thus accumulating nine consecutive months to the downside.
The tax collection of April reached $17.40 billion and recorded an annual increase of 27.2%, which put it below the annual inflation of 32.3% for the last 12 months, according to private estimates. The Agency of Collection and Customs Control (ARCA) announced the official result that, compared to the private estimates of price rises, would have been 3.7% negative, accumulating the ninth consecutive setback.
The Agency for Recovery and Customs Control (ARCA) announced this Monday that the collection in April was $17.4 million. Thus, it accumulated nine consecutive months of decline, falling below inflation. In this regard, ARCA explained that: “The collection of this period continues to be negatively affected by the lower revenues linked to foreign trade, mainly due to the slowdown of imports due to the high comparison base due to the strong growth …
The tax collection of April reached $17.40 billion and recorded an annual increase of 27.2% nominal, according to the Agency of Collection and Customs Control (ARCA).However, when compared with inflation of the period - which was above 32%-, the data reflects a real fall of close to 4%, accumulating nine consecutive months of regression in terms adjusted by prices.The result turns on warning signals in the government for the impact that it can h…
The Agency for Revenue and Customs Control (ARCA) of Argentina announced this Monday that the tax resources of April reached ARS$17,400,833 million, with an annual variation of 27.2%, thus losing against annual inflation for the ninth consecutive month. Between March 2025 and March of this year the Consumer Price Index (CPI) accumulated a positive variation 32.6%. In case the monthly data of April -which will be known on Thursday, May 14 - throw…
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