One Year After the Restructuring, Still Orphans of a Plan

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One Year After the Restructuring, Still Orphans of a Plan

Third week
August 2021

A year ago, Argentina reached an agreement with its main creditors and restructured the public debt in default. That allowed to almost clear the maturities schedule completely. The first year in which the market will see Argentine dollars will be in 2025 when between capital and interest it will pay about 10 billion, 2% of GDP. It still sounds like a small amount for a G20 country.