Report by Liliana Franco
In a mechanism contemplated by the International Monetary Fund, The national government will cancel the next due dates with the organization, which add up to US$2.7 billionafter the October elections.
As Ámbito had anticipated last Sunday, the Ministry of Economy It has to face three heavy debt maturities in dollars before the end of October. The schedule starts on the 9th with US$1,297 million, then follows on the 16th with US$648 million and concludes on the 30th with US$682 million.
These are the payments of the new agreement with the IMF after the disbursement of US$7.3 billion that was made before the Open, Simultaneous and Mandatory Primaries (PASO).
The Government also has a shorter maturity in October for US$244 million for bilateral loans and others US$112 million of the Mendoza bonus They expire on the 28th.
In this sense, on the side of maturities in dollars, despite the fact that the Government would already add some US$5,000 million of negative net reserves, would have no major problems meeting its commitments in foreign currency.
Payment to the Paris club
This Monday, Argentina canceled a series of payments to international organizations for US$228 million, which included a disbursement to the Paris Club for US$190 million. This occurs within the framework of the debt refinancing agreement that Argentina maintains with that entity for a total of US$2.4 billion and the commitment of the Minister of Economy, Sergio Massa, to finish paying in 2028.
Likewise, as he was able to know Ambitpayments were made to the International Bank for Reconstruction and Development (BIF), the Andean Development Confederation (CAF) and the Inter-American Development Bank (IDB).
These payments impacted the reserves of the Central Bank (BCRA), which fell from US$26,920 million to US$26,635 million from Friday to Monday.
Source: Ambito
