NewzThe Argentine Ministry of Economy has announced a plan to settle outstanding debts related to public works and transportation contracts through the issuance of government bonds. The operation involves the expansion of three existing peso-denominated debt instruments to cover these financial commitments.
The initiative is capped at a maximum effective value of approximately $221.1 billion pesos. This measure is intended to regularize pending payments to contractors, with analysts evaluating the potential impact of this debt-based settlement strategy on the government's overall fiscal results.
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