Investor Presentaiton
7
Central Government's funding needs and financing sources
Flow of funds
(Annual, in USD million)
2022 (")
2023 (")
FINANCING NEEDS
5,140
4,210
Primary Deficit (1)
722
191
Interests Payments (2)
1,667
1,771
Amortizations of Bonds and Loans (3)
2,604
2,222
Change in Financial Assets
147
26
FUNDING SOURCES
5.140
4,210
Disbursements from Multilaterals and Fin. Instit.
571
356
Total Issuance of Market Debt (4)
3,992
3.785
Others (net) (5)
576
69
Memo Item: Government Net Indebtedness (GNI)
1,813
1,893
(*) Preliminary. The sum of the components may differ from the totals due to rounding.
(1) Excludes extraordinary transfers to the public Social Security Trust Fund (SSTF).
(2) Includes interest payments to the SSTF on its holdings of Central Government debt, but does not net out market price valuation gains on above-par bond issuances.
(3) For 2023, includes the obligations coming due on a contractual basis and bonds repurchased and early redeemed through February 28st 2023.
(4) Includes bonds issued domestically and in international markets.
(5) Captures other financial sources of cash inflows for the Treasury, as well as financing operations that do not impact gross debt statistics
Source: Ministry of Economy and Finance of Uruguay.
38View entire presentation