VOICED : Moody s sube la nota de la deuda argentina

Moody's upgraded Argentina's sovereign debt rating following a U.S. court ruling that allows the country to return to international markets after its 2001 default. The Financial Rating Agency made this decision based on expectations that Argentina will resolve payments to its creditors. The announcement coincides with the government's plan to issue $15 billion in bonds. This move helps Argentina close the chapter on its 2001 default and allows it to take on new debt, which is beneficial in the short term due to fiscal imbalances. However, long-term solutions are needed to address these imbalances. The government plans to use the funds to pay $10.5 billion to creditors and address the budget deficit.

What significant event allowed Argentina to return to the markets?

• An economic reform package

• A change in government

• A U.S. court ruling

• A new trade agreement

What is the primary reason for the Financial Rating Agency's decision to upgrade Argentina's debt rating?

• Resolution of creditor payments

• Improvement in trade balance

• Argentina's economic growth

• Increase in foreign investments

How much is Argentina planning to raise through bond issuance?

• $20 billion

• $15 billion

• $25 billion

• $10 billion

What is the intended use of the funds obtained from the bond issuance?

• Investing in technology

• Reducing taxes

• Paying off creditors and addressing the budget deficit

• Building infrastructure

What challenge does Argentina face in the medium term despite the short-term benefits of new debt?

• Political instability

• High inflation

• Trade deficits

• Fiscal imbalances