What does include the Central Government Gross Debt?

The debt instruments included under the Central Government Gross Debt are the bonds issued in the local and foreign market as well as the credits with multilaterals (such as the IMF, World Bank among other) and credits, debts or other credit instrument recognized by a particular law. The debt instruments mentioned above are considered under the Central Government Public Debt concept according to the IMF’s definition in the 2014 Government Finance Statistics Manual. These debts are registered in its notional value and are adjusted according to its currency. Thus, to publish the debt in pesos, the inflation-linked debt is readjusted according to the variation of the UF (Unidad de Fomento), and the foreign currencies debt according to the exchange rate corresponding to the report date.


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