Overview
- President Javier Milei said the government will pay the roughly US$4.2 billion due on January 9 to bondholders.
- Economy Minister Luis Caputo ruled out issuing new sovereign bonds under foreign law and is arranging a repo with international banks, which he says already guarantees payment capacity.
- Officials are also evaluating ANSES-linked schemes and other local-market tools to cover near-term needs and reduce reliance on Wall Street financing.
- The Central Bank reports gross reserves at about US$43.61 billion, while available Treasury cash remains below the January obligation and will be supplemented by these operations.
- Congress recently approved the 2026 Budget and the 'Inocencia fiscal' law, steps the Executive touts as strengthening fiscal credibility as the IMF tracks reserves, fiscal balance and debt-service performance.