UPDATE 1-Argentina Feb primary deficit soars to $1.1 bln

martes 22 de marzo de 2016 18:17 GYT
 

(New throughout, adds January primary deficit data)

BUENOS AIRES, March 22 (Reuters) - Argentina's primary fiscal deficit shot to $1.1 billion in February from $39.2 million the month before, the Finance Ministry reported on Tuesday.

The primary deficit does not factor in debt payments or revenue from state-run enterprises.

The ministry did not provide year-on-year comparative data, as the administration of Argentina's new president is revamping the government's INDEC statistics agency. The January deficit was 91 percent narrower than the same month a year earlier.

Free-markets proponent Mauricio Macri won November's election on promises of lifting currency and trade controls, as well as improving the accuracy of government economic data long discredited by private economists as false. (Reporting by Hugh Bronstein; Editing by David Gregorio)