The BCRA has decided that the statements under the Survey of External Assets and Liabilities be divided into two groups: companies with external assets and liabilities below USD10 million, which will submit statements annually; and the remaining companies, which will do so quarterly. This measure seeks to reduce the administrative burden and is part of the administrative simplification plan led by the Argentine Ministry of Deregulation and State Transformation. This plan is aimed at eliminating outdated regulations and procedures that hinder economic activity and free competition.
More than 24,000 companies will benefit from this measure, whereas around 1,500 companies—the larger ones—will continue to submit the statements quarterly, though with simplified requirements. This allows for the preparation of timely and high-quality external sector statistics.
The implementation of this measure will begin in January 2026, as systems for data collection and processing need to be adapted. It will also serve to create a more transparent database, which will result in a reduction of the recorded commercial debt.
Based on the data obtained from the Survey on External Assets and Liabilities, the BCRA prepares the Private Sector External Debt Report and the Foreign Direct Investment Report, which are published quarterly. In addition, the National Institute of Statistics and Censuses (Instituto Nacional de Estadísticas y Censos, INDEC) uses these data as key input to estimate the Balance of Payments and the International Investment Position, thus strengthening the transparency and accuracy of national statistics.
