Buenos Aires, December 20 (NA) -- Through a post on social media X, Chief of Staff Manuel Adorni released a new detailed report on the government's management of recent days, highlighting that poverty stood at 27.5% during the third quarter of 2025. According to data provided by the official, to which the Argentine News Agency had access, this figure—based on projections from the Ministry of Human Capital on INDEC statistics—implies a year-on-year reduction of 10.8 percentage points, heading what he called the 'summary of the week in our beloved Argentina'. On the macroeconomic front, the report highlights that GDP grew by 3.3% year-on-year, driven by a 5.3% increase in private consumption and a 10.3% increase in investment, while exports rose by 10.2%. Regarding public accounts for November, the head of the Cabinet reported a primary surplus of $2,128,009 million and a financial surplus of $599,954 million. Additionally, the trade balance reached $2,498 million, with an $859 million contribution from the energy sector. The report also emphasized the situation in the financial and labor sectors, noting that the country risk fell to 360 basis points, the lowest level in seven years. Adorni confirmed that 'unemployment has decreased' and set the next legislative goal as 'approving the Labor Modernization Law to incorporate informal workers'. In the agribusiness sector, a wheat harvest of 26.8 million tons is projected, which would position it as the most important production in the last ten years at the end of the harvest. Regarding the credit system and state administration, the official highlighted that the National Bank reached 20,000 mortgage loans granted, defining it as 'a milestone that marks the return of credit and the dream of owning a home'. The Government says it has halved poverty in two years of management. In terms of management and transparency, he mentioned the launch of the Tax Transparency portal for the control of municipal rates and the decision to privatize Tecnópolis, under the argument that 'it will never again be a burden on the pockets of Argentines'. Lastly, in the area of foreign relations, Adorni referred to the meeting between President Javier Milei and the elected president of Chile, José Antonio Kast, stating that 'winds of freedom are blowing across the American continent'. The Head of the Cabinet closed his message with a weekend greeting and the phrase: 'God bless the Argentine Republic'.
Argentina Government Reports Poverty Reduction and GDP Growth
Argentina's Chief of Staff, Manuel Adorni, presented a report showing poverty fell to 27.5% and GDP grew by 3.3%. The report also highlights increased exports, a lower country risk, and plans for labor law modernization.