According to updated official data from Argentina, until
August 4 in the Central Daily Monetary Report, the stock of Leliqs reached 1.99
billion pesos and that of Passive Passes is 1.75 billion. This makes a debt of
3.75 trillion pesos.
The debt is also already 27% higher than the monetary base,
which stands at around 2.95 trillion. This monetary base is equivalent to 39%
of what the Government will spend this year, according to the 2021 Budget:
about 7.7 trillion pesos.
Since the Frente de Todos came to power, the monetary base
increased 71.2% while accumulated inflation reached 77%. Meanwhile, the debt of
the monetary authority increased 45.6% in pesos, equivalent to 1.2 trillion
pesos.
At the end of Mauricio Macri's term in 2019, the liability
was equivalent to 42,919 million dollars. That is, since then it has fallen 10%
measured in the US currency. But there are two issues to take into account: the
entity does not print dollars and the peso devalued 38% in that period, which
ended up generating a partial liquefaction.
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