The Government managed to unlock an assistance from the IMF of US $ 20,000 million, plus another US $ 3,100 million of other international organizations.
The government can count on a Help package of the International Monetary Fund (IMF) of US $ 20,000 million in 2025 to which others will be added US $ 3,100 million international organizationsaccording to data from the Central Bank.
“The consolidation of the economic program will have the financial support of a new extended facility of funds (EFF) agreed with the International Monetary Fund (IMF) for US $20 billion, of which $ 15,000 million constitute disbursements of free availability in 2025 “says the official information ..
The official report details that “These liquid resources will serve to strengthen the balance of the BCRA through the repurchase of non -transferable letters by the Ministry of Economy.”
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According to data from the entity that Santiago Bausili conducts, non -transferable letters represent some $ 23 billion of the asset, which constitute a promise of paid of the treasure Against reservations that were removed in previous governments. It is an intra -state debt.
On the other hand, the Central Bank states that there are additional disbursements agreed between the Ministry of Economy and other international organizations of the order of US $ 3,5 billion that will complement that initial transaction. “
“For its part, the BCRA will work with International banks in a new tender that expands the ease of repo executed in January 2025 at an amount of up to US $ 2,000 million, “adds the report ..
The official statement indicates that “together, these agreements have the potential to contribute to an increase of US $20,600 million in the Liquid reserves of the BCRA for 2025 “.
“Finally, the BCRA has agreed a new 12 months of the activated currency swap section with the Central Bank of China (PBOC) (approximately USD 5,000 million),” clarifies the note.
Source: Ambito
