The government must return 46,000 million dollars to the IMF between 2022 and 2023

About US $ 46,000 Million Must Return Argentina to the IMF under the agreement that allowed the country to avoid a default, which will represent about 5% of the gross product of each year, according to a study published today by Ecolatina.

Since mid-2018, the IMF has disbursed about 45 billion dollarsthat is, 80% of the position of nearly US $ 57 000 million was accepted

Ecolatina said that "if the budget targets are met – taking into account the fact that the multilateral agency will donate 5.5 billion US dollars to the country before the end of the year. % of the loan will have been transferred, so it will be time to start thinking about their repayment ".

Between 2022 and 2023, Argentina should return to the IMF more than 46 billion US dollars in capital and interest, which implies 5% of GDP each year.

If this is added to the bond payment schedule for these periods, the amount doubles almost.

Consequently, The national state should face deadlines close to one-tenth of GDP in 2022 and 2023.

While the current situation close to the primary balance of the national public sector reduces the need for new commitments, Nor will it be sufficient to generate surpluses of such magnitude to meet these commitments.

So, a significant portion of the liability needs to be refinancedconcludes Ecolatina.