Milei confirmed that the government expects debt maturities in January

After approving the 2026 budget, the president repeatedly stated that the country would meet its financial obligations

12/27/2025 – 6:49 p.m

The President Javier Milei He assured that Argentina would honor its debt commitments planned for early January. The amount to be paid exceeds 4,000 million US dollarswhile throughout 2026 the total maturities are above 12,000 million US dollars.

Payment definitions

In a radio interview, the president repeatedly stated that the country would meet its financial obligations. He also pointed out that the design of the operation to complete the payments is the responsibility of the Minister of Economy. Luis Caputowhich deals with the various financing alternatives.

When asked whether the maturities will be covered by new debt or other mechanisms, Milei replied that the technical determination remains in the hands of the head of the Finance Palace and emphasized the official decision to honor the commitments made.

Political and economic context

The statements came after a crucial week for the government in institutional and financial terms. The Senate agreed to this Budget 2026while the central bank announced a heavy foreign exchange purchase that allowed international reserves to increase.

According to officials, the BCRA added $596 million in a single day and ended the week with shares close to $43.6 billionthe highest recorded during the current administration.

The President linked the improvement in money demand and the development of reserves to the situation after the parliamentary elections and to the fulfillment of economic objectives. However, he recognized that the process of building reserves must be made compatible with debt repayment.

Less dependence on external markets

In this context, Caputo announced days ago that the government is examining various instruments to deal with the January due dates, including a REPO loans from international private banks. The official ruled out a debt issue under foreign law, at least for now.

The Minister of Economic Affairs also expressed the goal of reducing dependence on financing from Wall Street. In this sense, he emphasized that the goal is to strengthen the local capital marketincluding through the redistribution of funds currently managed by public organizations such as ANSeS.

“The aim is for external financing to remain marginal,” said Caputo on social networks about the strategy to cover short and medium-term payments.

Upcoming processes

The government’s immediate obligation is to pay $4.2 billion with regard to principal and interest with bondholders, scheduled for January 9th. According to official estimates, the Ministry of Finance would have part of the necessary resources and the rest would be financed through financing mechanisms that are currently being evaluated.

The executive reiterated that the priority is to meet commitments while maintaining financial stability and reserve levels.