VOICED : Argentina posterga pago de deuda por el coronavirus

Argentina has postponed its dollar-denominated public debt payments until 2021 due to the COVID-19 pandemic. This decision, made through a government decree, allows the country to avoid paying certain bonds under Argentine law until the end of 2020. The move is part of a broader plan to restructure over $68.8 billion in debt with foreign creditors. The decree does not specify the exact amount of rescheduled debt, but economists estimate remaining 2019 maturities at $9.8 billion. Economy Minister Martín Guzmán stated that this decision is part of a strategy to restore debt sustainability and promote inclusive development post-pandemic. Argentina's public debt stands at approximately $311 billion, about 90% of its GDP.

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