Deputies voting in the Argentine Congress on debt payment approval
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Deputies approved payment of 171 million dollars to 2001 debt holders

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Kiswahili

The Chamber of Deputies gave preliminary approval to an agreement with two funds litigating since the 2001 default. The initiative obtained 139 votes in favor and 97 against.

On Wednesday, June 24, 2026, the Chamber of Deputies approved the bill authorizing payment of 171 million dollars to Bainbridge Ltd. and Attestor Value Master Fund LP. The agreement includes a reduction of more than 30 percent on the originally claimed amounts and uses a delivery-versus-payment mechanism.

The bill had already received Senate approval. Government legislators stressed that the deal closes pending lawsuits and lifts embargoes on assets such as shares in Banco Nación and Aerolíneas Argentinas.

The opposition criticized the lack of information on the source of funds and warned that the project lacks a specific budget allocation. Several Peronist and Encuentro Federal deputies voted against it.

Watu wanasema nini

Initial reactions on X include positive views from pro-Milei users praising the closure of 2001 debt litigation, criticism from left-leaning accounts decrying payments to 'vulture funds', neutral factual reports on the 139-97 vote, and analytical posts highlighting symbolic benefits for Argentina's international image.

Makala yanayohusiana

Illustration of Chilean finance committee voting on megareform bill.
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Imeripotiwa na AI Picha iliyoundwa na AI

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