Uncertainty surrounding the restructuring process would continue in the short term as Economy minister Martin Guzman did not disclose any details regarding a proposal for the debt restructuring in his last week’s webcast. Furthermore, the offer has been postponed to April. On the fiscal side, Guzman said that no further adjustments would be carried out and primary equilibrium would be reached in 2023, worsening the outlook for a potential proposal to bondholders.
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Fixed Income Weekly