Economic Improvement and Social Assistance Program
Financial Program 2018
Oct-Dec
USD bn
Oct-Dec 2018
2018
Needs (excl. Letes)
14.9
Sources (ex. Letes)
22.9
Primary deficit
5.7
Initial cash balance
5.3
Plan Gas
0.0
Interests (private, IFIs, financial public sector)
4.6
IMF
13.4
Principal payments (private)
4.1
Private financing
1.9
International bonds
0.0
International market
0.0
Domestic bonds
0.4
Domestic market
0.0
Other
0.4
Repo
3.7
Repo
1.9
Principal payments IFIs
0.5
Financing IFIs (excl. IMF)
2.3
IDB + World Bank + CAF
0.4
IDB + World Bank + CAF
2.2
Other
0.1
Other
0.1
Paris Club
0.0
Paris Club
0.0
Letes (private
Letes in USD
Letes in ARS
8.2
Letes (private)
5.2
Letes in USD
3.0
Letes in ARS
Note: the difference between Sources and Needs (excl. Letes) is used to pay non-refinanced Letes maturities and there is a remaining balance of USD 5.4 bn.
Assumptions: FX rate ARS / USD 38
5.6
2.6
3.0
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