Public debt rose more than US $ 1,100 million in January: what were the reasons

Public debt rose more than US $ 1,100 million in January: what were the reasons

February 18, 2025 – 10:29

The Ministry of Finance reported that the state liability increased at the beginning of 2025, due to local currency obligations. The debt with international organizations also grew.

Ignacio Petunchi

Public debt increased by US $ 1,102 million (+0.24%) in January, to US $ 467,788 million. The rise was explained by an ascent of the liability in pesos, since that called in dollars exhibited a fall.

According to the Ministry of Finance, which Pablo Quirno leads, the foreign currency debt was reduced by US $ 2,733 million, while the The local currency debt climbed at US $ 3,835 million. The jump is a consequence of the Difference between the inflation rate, the monetary policy rate and the “Crawling Peg”, added to the strength of the dollar against the rest of the coinswhich hit the valuations.

Is Argentine public debt high or low?

Debt numbers in the first month of 2025.

Debt numbers in the first month of 2025.

Public Debt: More than US $ 1,100 million was increased in January 2025

In parallel, they influenced the Capitalization of exchange bonds, guaranteed loans, I will pay Banco Nación, Bocones, Lecaps and other titles. If only the new financing obtained, net of the cancellation of maturities is contemplated, the debt exhibited a reduction of US $ 1,842 million since the first totaled about US $ 27,578 million, while payments reached about US $ 29 .420 million.

Finance reported that in the first month of the year the central administration made public debt payments for a total equivalent AU $ S14,735 million, of which 74% was carried out in national currency and 26% in foreign currency. The vast majority of this amount corresponded to capital payments.

In addition, The debt with multilateral organizations began 2025 with an rise of US $ 44 millionresulting from an increase of US $ 55 million in debt with entities such as the World Bank, IDB and CAF, mainly due to the appreciation of the dollar in the world, which counteracted a decrease of US $ 11 million in obligations with The IMF.

Source: Ambito

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