Interest payment debt was the expenditure that grew the most in 2019

The expenditure destined to the payment of the interests of the Argentine external debt in 2019 went from 3.7% to 4.3% of the Gross Domestic Product (GDP). This represented 19.4% of the total state expenditures. The approved initial credit increased by 18.1%, resulting in the interest of the debt the item of greatest variation (29.2%),” says a report from the National Congress Budget Office (OPC).

Source: BAE Negocios