Private report: Argentina's payment capacity climbs 14%

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articlenopicThe debt payment capacity index (ICPA) elaborated by the Centro de Estudios de la Nueva Economía (CENE) of the Universidad of Belgrano rose 14 percent in May from March.

It soars 43.1 percent year-on-year, according to the private report.

The ICPA is obtained on the basis of the weighted average of the Central Bank reserves, the currency exchange, the balance of trade and the fiscal result measured in American dollars.

Source: http://www.ambito.com/noticia.asp?id=531128

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