Macroeconomy/Finance

Government postpones payment of $10 billion in debt until 2021

The Government, using a decree, has decided to defer the payment of interest and capital amortization services on the national public debt, instrumented through dollar securities issued under the law, until December 31, 2020. In total, payments of some $9.8 billion will be deferred, with only some $3.5 billion of foreign currency securities issued under international legislation.

Source: Ámbito

Categories: Macroeconomy/Finance