When are the financial liabilities of State-Owned Enterprises (SOEs) part of the public debt?
The financial liabilities of SOEs are considered part of the public debt only when the debts of SOEs have the state guarantee established in Law N° 19,847, in which case such debt is considered direct public debt and, consequently, the amounts corresponding to its payment are included as part of the public debt service glossary in the Budget Law of each year.