Argentina today faces a new expiration with the International Monetary Fund (FMI) by US $ 620 millionas commissions and interests for the current debt.
This payment is part of a total annual commitments that are around US $ 2 billion. In addition to this week’s payment, two other important maturities remain in the remainder of the year: one of US $ 861 million on August 1 and another of US $ 883 million on November 1.
The Government would have no difficulty facing these commitments, since it has US $ 12,000 million from the IMF itself. To this support will be added new disbursements: US $ 2 billion in June and US $ 1 billion towards the end of the year. The agreed program also includes three annual disbursements for US $ 1.4 billion each in 2026, 2027 and 2028, and an end of US $ 700 million in 2029. To these funds income will be added by credits of other multilateral organizations, such as the Inter -American Development Bank (IDB) and the World Bank, summarizes the Argentine News Agency.
The loan agreed with the IMF lasts ten years and a grace period of four and a half years.
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{{msj}} {{msj}}Within that framework, Argentina must face not only the payment of interest, but also the capital maturities corresponding to the original credit of 2018, whose pending debt is around US $ 41.7 billion. To that are added US $ 15,000 million already turned as part of the new agreement, which carries the total owed to almost US $ 57,000 million. (Rein)
