Argentina pays FMI interest interest of 370 million dollars

Argentina pays its fees approximately 370 million dollars in interest rates of the 44,500 million agreed in 2018 by the International Monetary Fund (IMF)which it agreed with the governor to replace this credit with another large plague, dijeron to the AFP official sources.

The governing body has a weekly capital increase of 700 million dollars of the 2018 stand-by prize, while agreeing, in its place, a new program of extended facilities with the FMIalso for 44,500 million dollars and payments from 2024 to 2032.

“The page of interest is 370 million dollars”, one of the sources said. December marks the end of the year in the total of Banco Central’s international reserves, which are worth 37,189 million dollars.

Following the agreement in 2018, during the presidential liberal government Mauricio Macri (2015-2019), Argentina will reimburse more than 40,000 million dollars in 2022 and 2023.

The new agreement establishes a progressive reduction in the tax deficit, close to the year 2025, and other methods of inflation, tax recovery, energy subsidies, monetary emissions and adjustments of the type of change, which are “debating” abadaje “pragmático”, informs el jueves la directora del FMI, Kristalina Georgieva.

“Our main envoque is sacred to Argentina from this very high altar truck inflation“, declared Georgieva. In the first 11 months of 2021 the Argentine economy has increased 10.3%, but inflation has accumulated since the year 50.9 per cent.

The terms of the Memorandum of Understanding will be negotiated by the Governor and the authorities of the Fund during the weekly and monthly meetings will be reviewed by the IMF every three months.

In Russia, where he received an official visit, the President Alberto Fernández dijo el jueves que “Argentina tiene que dejar esa dependence tan grande que tiene con el FMI”, que ha dedicado una veintena de programs et pais des de 1958, con el ultimo interregno en 2006-2018.

The price was set by Macri in 2018, at 57,000 million dollars, which assumes the governing body of Fernández’s center will take over the remaining trams – concentrating the revenues between 2022 and 2024.

The agreement, which must be ratified by the Congress argentino and the executive director of the IMF, stipulate that the next capital gains are financed by the funds of the new program.

In 2020, Fernandez’s governor has restructured some 66,000 million dollars in debt to private international creditors.

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Reference-www.eleconomista.com.mx

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