of July 19, 2021, Approval of external financing obtained with the
International Monetary Fund, this time under the modality called Expanded
Service of the Fund for the support program for post-pandemic recovery and
fiscal consolidation, published in Extent 144 to the Digital Gazette 139 of
July 20, 2021. 4 articles. Legislative file 22433.
contains the approval of external financing obtained with the International
Monetary Fund, this time under the modality called Expanded Fund Service.
The amount of
the operation is 1,237,490 SDR, which is equivalent to US $ 1,778 million (335%
of the quota that the country maintains with the International Monetary Fund
and which are freely available resources destined to finance the expenditure
structure (debt) of the National Budget, as a source substitution.
consists of four articles with the following contents: Article 1 contains the
approval of the indebtedness and the financial conditions of the operation:
amount, interest rate, term, grace and amortization periods, disbursements, and
article allocates the use of resources exclusively to finance the debt, and
through the third article the incorporation of the resources into the National
Budgets is authorized by Executive Decree.
the fourth article provides the exemption from payment of any tax for the
formalization of the financing.