Sunday, January 29, 2023 | 1:30 p.m.
The Argentine government will face this week the payment of 1,400 million dollars to the International Monetary Fund (IMF), based on the maturity schedule established in the current program that refinanced the 45,000 million dollar loan.
Some 692 million dollars are due next Monday, while another 710 million dollars must be paid on Wednesday, which must be paid before the fourth review corresponding to the last quarter of 2022 is completed, which will end next March.
The Argentine government met the goals of the last quarter of the year with the IMF, according to estimates by analysts consulted by Télam, thanks to the implementation of the so-called “soybean dollar II”, adjustments in fiscal accounts and the policy of curbing direct financing from the Bank Central to the Treasury.
This will enable the multilateral organization to trigger in March a new disbursement for Argentina for US$ 5,000 million.
The fourth revision of the program that the IMF maintains with Argentina will be developed in February at a technical level, and it is expected that the revision will be approved in March.
The IMF disbursements are matched so that Argentina can meet the expiration dates of the program that this management inherited from the Macri administration, which for the current year total payment commitments for some US$ 19,850 million.
According to the payment schedule, with the expiration of Monday, Argentina would have faced a total of US$ 2,650 million in January.
