Investor Presentaiton
7
Central Government's funding needs and financing sources for 2023.
Flow of funds
(Annual, in USD million)
2023 (*)
2024 (*)
FINANCING NEEDS
5,287
4,454
Primary Deficit¹/
590
243
Interest Payments ²/
1,935
2,048
Amortizations of Bonds and Loans ³/
2,685
2,140
Change in Financial Assets
78
23
FUNDING SOURCES
5,287
4,454
Disbursements from Multilaterals and Fin. Instit.
450
350
Total Issuance of Market Debt/
Others (net) 5/
Memo Item: Government Net Indebtedness (GNI)
(*) Preliminary. The sum of the components may differ from the totals due to rounding.
4,682
3,995
155
110
2,370
2,182
(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 August 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.
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