I'm terrified for Argentina. I'm incredibly excited about this radical and almost unbelievable political development. I'm in my seventh decade so I'm rather cynical and have few positive expectations economically and politically. But Milei is doing the impossible! If he can somehow pull this off against all odds, he will be a major historical figure. Dammit!
I'm terrified for Argentina. I'm incredibly excited about this radical and almost unbelievable political development. I'm in my seventh decade so I'm rather cynical and have few positive expectations economically and politically. But Milei is doing the impossible! If he can somehow pull this off against all odds, he will be a major historical figure. Dammit!
Great article Mara, am I following this correctly.
IMF debt payments due:
2024: $4.6 billion
2025: $18 billion
Current BCRA reserves: ~$27 billion.
Thank you sir, yes, the 4.6 this year has already been paid. The 18 next year includes everything not only IMF debt
This article includes a full breakdown of the upcoming maturities per creditor: https://open.substack.com/pub/bowtiedmara/p/eyes-on-the-2025-midterm-prize?r=n12x&utm_medium=ios