Despite the government's strict adherence to payments, public debt continued to rise in November. The reason lies in the interest paid on Bonds, Letters, and other loans, which are capitalized, and adjustments for inflation. According to official data, as learned by the Argentine News Agency from the Ministry of Finance's information, national public debt increased by US$ 3.79 billion in November. Debt in foreign currency decreased by US$ 70 million, but increased in pesos by an equivalent of US$ 3.86 billion. In November, the gross national public debt rose from US$ 442.196 billion to US$ 445.986 billion. Debt in normal payment status amounted to US$ 443.472 billion, almost the entire total. How it is composed Debt in foreign currency is US$ 250.775 billion, and in pesos, it is equivalent to US$ 192.697 billion. These figures do not include the obligations of the Central Bank, provinces, and municipalities. Debt with international organizations amounts to US$ 94.704 billion, of which US$ 56.771 billion is with the IMF. The rest corresponds to the IDB and World Bank, among others. Payments made In November, the Central Administration made debt payments equivalent to US$ 16.754 billion, of which 93% was made in the national currency and 7% in foreign currency. Of the total amount, US$ 15.664 billion was allocated to principal payments and US$ 1.090 billion to interest payments. These payments were financed with new debt, leaving a positive balance of US$ 1.385 billion. However, due to the capitalization and inflation adjustments on Bonds and Loans, there was an increase in indebtedness of US$ 3.79 billion. 43.95% of the debt in normal payment status is contracted in local currency, while the remaining 56.55% is in foreign currency. And 76.5% of the gross debt in normal payment status corresponds to National Treasury Bills and Letters, 22.1% to obligations with Official External Creditors, 0.6% corresponds to Temporary Advances, and the remaining 0.8% to other instruments. In the last 12 months, the stock of gross debt in normal payment status decreased by the equivalent of US$ 19.027 billion, due to the contraction of debt in foreign currency by US$ 3.682 billion and a reduction of obligations in local currency by an amount equivalent to US$ 15.345 billion. Compared to November 2023, debt in normal payment status increased from US$ 423.046 billion to US$ 443.472 billion.
