In this way, the Buenos Aires administration announced that the total debt stock is located at US $ 1,211 million, which represents a 65% reduction compared to 2017 when it reached US $ 3,442 million.
The Government of the City of Buenos Aires made the pay corresponding to the first share of amortization of the 12 series of the financial assistance program (CABA 27).
In total, they paid US $ 330,012,000, within which US $ 296,637,000 were capital YU $ S33,375,000 interest.
In this way The total debt stock is located at US $ 1,211 million, which represents a 65% reduction compared to 2017 when it reached US $ 3,442 million.
Jorge Macri Amcham.jpeg
Amcham
Strong debt stock reduction
“This administration has, as a priority, the sustainability of public accounts. Among the different measures implemented for this purpose, a solid process of administration of liabilities and Debt stock reductionwhich makes the city present the lowest level of debt of the last 15 years, “they announced.
In addition, The weight of the interests of the debt in the city budget reached its historical minimum, reaching just 0.9%. In 2024 it was 1.5%, reaching its maximum peak in 2019, with 9.4% of the total budget.
Source: Ambito
