Argentinian government will use 42% of central bank’s dollar reserves in 2015

Country’s central bank has $28.4 billion in international reserves

banco-central-de-la-republica-argentina
The Central Bank of Argentina

The Argentinian government plans to use $11.9 billion of the international reserves of the central bank to pay "public debt to private bondholders" next year, according to a draft of the 2015 budget, presented last week to parliament.

The figure represents 41.9% of the actual reserves of the Central Bank of Argentina, according to the latest data released by the institution. On September 5, the central bank had $28.4 billion in international reserves.

This is not the first time the Argentinian

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