vencimientos - Oficina de Presupuesto del Congreso

THE OPC PRESENTED THE LATEST BUDGET EXECUTION REPORT TO LEGISLATORS

by Nicolas Perez | Feb 16, 2024 | Activities

The Argentine Congressional Budget Office presented the latest published report on the Analysis of the National Government Budget Execution – January 2024 to national legislators and their advisors.

This is one of the periodic works conducted by the OPC with the purpose of monitoring revenues collected and expenditures accrued.

The presentation was given by the OPC Director, Gabriel Esterelles, together with the directors of Sustainability and Public Debt Analysis, Joel Vaisman; of Fiscal and Tax Analysis, Martín López Amorós; of Budget Analysis, Ignacio Lohle, and the analyst of this last directorate, María Laura Cafarelli.

The purpose of the online meeting was to provide members of the Chamber of Deputies and the Senate, as well as their assistants, with technical elements to improve the understanding of the monthly report disseminated through the OPC web page, offering, at the same time, the possibility of clarifying doubts about the methodology used and the results obtained.

The good reception of this new work modality was the basis for the decision to repeat it periodically to consolidate the technical dialogue between the OPC and the National Congress.

PUBLIC DEBT OPERATIONS – CUMULATIVE 2023

by Nicolas Perez | Jan 9, 2024 | Public Debt Operations

As of December 31, 2023, the debt stock in pesos amounted to ARS83,677.668 billion and that in foreign currency totaled USD264.968 billion.
During the year, debt in pesos had a net increase of ARS60,453.903 billion due to the combined effect of valuation adjustments, net debt issuance and interest capitalization.
Debt with the IMF amounted to approximately USD40.899 billion at year-end, which implies a reduction of USD5.1 billion with respect to the previous year-end.
During 2024, payments to the IMF are expected to total the equivalent of USD7.463 billion.
Net financing from the Central Bank to the Treasury totaled ARS1,698 billion in 2023 (ARS1,298 billion from temporary advances and ARS400 billion from profits).
Estimated debt services for 2024 in domestic currency total ARS94,103.633 billion and in foreign currency are estimated at USD33.090 billion.
Maturities in foreign currency for January are estimated at the equivalent of USD12.080 billion, of which USD8.104 billion are repayments of BCRA (Central Bank) bills and USD1.967 million for the IMF stand-by loan.

PUBLIC DEBT OPERATIONS – CUMULATIVE 2023

PUBLIC DEBT OPERATIONS – OCTOBER 2023

by Nicolas Perez | Nov 28, 2023 | Public Debt Operations

Debt in domestic currency was repaid in October for ARS1,786.93 billion in principal and ARS146.218 million in interest. The Treasury obtained financing in pesos for ARS2,706.427 billion.
There were debt repayments in foreign currency for USD403 million and securities placements and loan disbursements for USD382 million.
Between November and December, amortization and interest payments are estimated at ARS2,341.752 billion and ARS5.014 billion, of which USD4.284 million relate to loans from the IMF.

PUBLIC DEBT OPERATIONS – OCTOBER 2023

PUBLIC DEBT OPERATIONS – SEPTEMBER 2023

by Nicolas Perez | Oct 20, 2023 | Public Debt Operations

Debt in domestic currency was repaid in September for ARS979.475 billion in principal and ARS63.996 billion in interest. The Treasury obtained financing in pesos for ARS2,232.028 billion.
Net borrowing in foreign currency amounted to USD2.114 billion.
Repayments of USD2.597 billion on the IMF Stand-by loan are due in October.
Between October and December, amortization and interest payments are estimated at ARS3,882.39 billion and USD5.456 billion, of which USD4.298 billion are for IMF loans.

PUBLIC DEBT OPERATIONS – SEPTEMBER 2023

PUBLIC DEBT OPERATIONS – AUGUST 2023

by Nicolas Perez | Sep 21, 2023 | Public Debt Operations

Government securities for ARS1,730.468 billion were placed in two auctions.
A disbursement of USD7.299 billion was received from the IMF and repayments of USD912 million and interest of USD778 million were paid to that organization.
There were net cancellations of Temporary Advances of the Central Bank for ARS500 billion, and the stock decreased to ARS4.09 trillion.
For September, maturities in domestic and foreign currency are estimated for the equivalent of ARS1,076.209 billion and USD768 million, respectively.
Maturities from September to December amount to ARS5,383.693 billion and USD6.237 billion.