Argentina's spending-slashing new President Javier Milei has hailed his country's first quarterly budget surplus since 2008 as an "historic achievement."This amounted to a surplus of 0.2 percent of GDP.
"This is the first quarter with a financial surplus since 2008," said Milei, referring to his left-wing rival Cristina Kirchner's first year in the presidency.
This is basically how publicly traded companies get their return on capital and earnings per share up.