Argentina will pay the IMF around $13.5 billion over the next five years, according to official figures from the organization. Between 2026 and 2030, the country must cancel a total of $13.432 billion, according to the current exchange rate of SDRs (Special Drawing Rights), the currency in which the Fund accounts for its transactions. From 2018 to the end of 2025, interest payments totaled $14.773 billion, despite the period being longer, at seven years. The largest share of interest falls between 2026 and 2028. This year, maturities of principal and interest amount to $4.4 billion, which could be financed with the disbursements that the IMF still has to make from the $20 billion credit agreed upon in April 2025. The next interest payment is on February 1 for nearly $830 million. Since the IMF granted the country an extraordinary loan in 2018 during the government of Mauricio Macri, renewed with Alberto Fernández and increased during the current administration of Javier Milei, interest payments to the international organization have totaled $14.773 billion, according to data from the Central Bank reported by Clarín. Argentina's debt with the IMF as of December 31, 2025, amounted to $57.1 billion. That debt in interest is if Argentina cancels future maturities of principal and interest and the IMF does not grant new credits to the country. Meanwhile, if Argentina pays off the maturities, the interest burden would be decreasing. But if new disbursements were approved, (the IMF would have to complete the $20 billion credit approved in April 2026 with a little over $5 billion) the debt would increase and the burden of interest and payment terms would be greater.
