The deadline for debt registration with importers comes to an end this Wednesday, January 24, marking the closing of the last extension granted by the Government. The day coincides with the opening of the fifth tender called by the Central Bank (BCRA), offering the possibility of canceling the debt through the Boperal bond. The first series of this bond could even be used to pay taxes.
So far, four auctions have been carried out in which the BCRA barely placed US$1,644 million of the nominal US$5,000 million allocated to this first series. This amount represents just 7.2% of the net US$23.1 billion officially recognized as debt by Javier Milei’s administration, according to data released last week.
It is estimated that the closing data will be announced this Wednesday, but will be around US$30,000 to US$35,000 million. This is because there were corrections in the system, which led to an increase in registrations in recent days, according to official sources.
Register of Commercial Debt for Imports
The latest adaptations to the manual for recording liabilities in the list of Commercial Debt for Imports with Foreign Suppliers, also known as registration of operations under the courier regime, they focused on unblocking operations and facilitating entries to the free zone only with invoice (without SIRASE), according to official sources.
In addition, an option was introduced to correct erroneous information in the registration, allowing the cancellation of presentations made up to at least 72 hours before and the uploading of new data. dated prior to December 13, 2023with rectifications.
Both the registration and the Bopreal offer were presented by the ruling party as mechanisms to audit and establish a new payment schedule for said debt, at the same time that they absorb pesos from the market.
It is crucial to remember that the registry seeks to record updated information on current private commercial debt to address this problem. Debt registration until this Wednesday It is mandatory for those operators who have made imports before 12/13/23 and have not accessed the Single and Free Exchange Market (MULC).
On the other hand, those who have canceled imports by means other than the MULC must indicate the operation as “fulfilled” in the Register to conclude the operation before the financial entities.