News of imf

Argentina’s quest for more IMF money stalls on currency controls

25-10-2024 16:36 Argentina wants a fresh injection of money to lift controls without worrying about a currency sell-off. But the IMF doesn’t want its resources used to artificially prop up a currency, like Argentina has done so many times before.

Argentina seeks US$2.7-billion line to cover debt maturities

23-10-2024 20:39 Argentina’s government is in talks with several banks to obtain a loan agreement of around US$2.7 billion for about three years in order to meet its principal debt obligations next January.

IMF moves to ease billions in penalty fees for biggest borrowers

12-10-2024 13:52 International Monetary Fund reduces borrowing costs for some of the world’s most indebted nations, slashing so-called 'surcharges' in a move that will benefit Argentina, among other nations.

Argentina isn't ready to lift currency controls, says Milei

10-10-2024 07:47 President says imposing a schedule for the removal of the “cepo” would be to act as a “central planner,” which goes against his ideology.

IMF official steps back from Argentina talks in feud with Milei

12-09-2024 13:34 IMF's top negotiator with Argentina delegates talks to colleagues after drawing the ire of President Javier Milei.

What if Milei is wrong about the economy?

13-07-2024 07:50 Hard currency is the Achilles’ heel of the Milei programme, as it was for his predecessors in office.

by Marcelo J. García

Argentina: No ‘formal’ talks with IMF over fresh funds

10-07-2024 18:18 Presidential spokesman Manuel Adorni says that “there are talks” ongoing but that no “formal negotiations” over a specific funding programme to help the nation remove currency controls are ongoing.

Milei says legislative win paves way for monetary policy pivot

28-06-2024 13:56 President Milei says government will change its monetary policy framework following his first major legislative victory.

IMF approves US$800 million for Argentina as Milei eyes new deal

13-06-2024 20:06 IMF executive board approves latest review of Argentina's multi-billion-dollar loan programme, paving way for release of US$800 million in fresh funds.

Milei looks to keep winning streak alive in crucial IMF meeting

13-06-2024 20:03 President Milei will walk into a meeting with the head of the International Monetary Fund Friday emboldened by the most successful series of wins since he took office six months ago.

Caputo says Argentina will seek new IMF programme to exit 'cepo'

11-06-2024 12:57 Economy Minister Luis Caputo says President Milei’s government intends to “negotiate a new programme” with the International Monetary Fund that will allow Argentina to remove currency controls.

IMF urges increased assistance for Argentina’s poorest

06-06-2024 15:37 Fund’s chief spokeswoman Julie Kozack warns that Milei’s economic adjustment “should not fall disproportionately on working families.”

Inflation falling ‘a little faster than expected,’ says Georgieva

18-04-2024 15:51 Kristalina Georgieva, the head of the International Monetary Fund, says "inflation is coming down faster than expected" in Argentina.

IMF improves inflation projection: 150% this year, but 45% in 2025

16-04-2024 15:44 Latest 'World Economic Outlook' report predicts Argentina’s GDP will contract by 2.8% this. Milei’s "shock plan" will impact economy, arriving hand-in-hand with recession, says Fund.

Caputo: Argentina 'just starting talks' with IMF over new programme

12-03-2024 20:26 "They always said that they were open to a new programme," economy minister tells business leaders at AmCham 2024 summit.

Monthly inflation slows to 13% as Milei’s cuts bite

12-03-2024 16:45 Inflation in February slowed for a second consecutive time as the impact of December’s large peso devaluation fades and President Javier Milei’s austerity measures push the economy into recession.

IMF deputy chief says Argentina needs 'consistent' monetary, exchange policy

23-02-2024 09:30 International Monetary Fund second-in-command Gita Gopinath said Argentina's government is making significant efforts to "restore macroeconomic stability" after meeting with President Javier Milei.

IMF number two in BA for talks as social unrest grows

21-02-2024 18:21 Deputy managing director of the International Monetary Fund, Gita Gopinath, begins two-day visit by meeting for four hours with key government officials.

IMF denies it is discussing new programme with Argentina

02-02-2024 16:08 The International Monetary Fund is not negotiating a new programme with Argentina, says Kristalina Georgieva.

IMF says Milei move to delay Argentina spending cuts is ‘pragmatic’

02-02-2024 12:33 Kristalina Georgieva says IMF and Argentina aren’t discussing a new loan, says Javier Milei's new government has adopted a welcome and “dramatically different approach” to policy-making.