News of hernan lacunza

New IMF chief meets briefly with Finance Minister Lacunza

26-09-2019 09:29 "I look forward to working with the authorities when I assume my duties on October 1. Argentina is an important member of the IMF and we want it to do well," Kristalina Georgieva posts on Twitter after meeting Finance Minister Hernán Lacunza.

IMF’s Lipton says relationship with Argentina ‘may have to wait’

25-09-2019 15:27 "Argentina’s situation right now is extremely complex," Acting IMF head tells Bloomberg.

Lagarde: Argentina crisis would have been much worse without IMF

20-09-2019 16:08 Crisis would have been much worse had the International Monetary Fund not stepped in with a massive rescue programme, outgoing IMF chief declares in interview.

Lacunza admits economic results have been 'lower than expected'

16-09-2019 17:35 Addressing Congress, where he was presenting the government's draft 2020 Budget proposal, the new minister put the record down to a "combination of inheritance, miscoordination and external factors."

Show me the money

07-09-2019 00:52 Hernán Lacunza, meanwhile, has declared that the measures to appease jittery savers “are working” and the exodus of deposits is slowing down.

by Martín Gambarotta

Bank queues return to BA as currency controls kick in

03-09-2019 08:03 Queues outside banks seen once again outside branches, as Argentines get used to new capital controls.

Government imposes currency controls in bid to halt flight of dollars

01-09-2019 16:04 Exporters ordered to seek permission from the Central Bank of Argentina before purchasing foreign currency and and purchases of dollars limited to US$10,000 per individual a month.

The campaign or the nation?

31-08-2019 01:30 Argentina’s ninth debt default in its history is but one more stain in an already tarnished reputation.

by Agustino Fontevecchia

Argentina says it will buy bonds from local funds hit by withdrawals

30-08-2019 14:02 Central Bank tries to stem investor panic and stabilise mutual fund industry.

'Selective Default': Standard & Poor's cuts Argentina’s debt rating

29-08-2019 20:40 “The Argentine government unilaterally extended the maturity of all short-term paper on August 28. This constitutes default under our criteria,” says ratings agencies.

IMF says it will 'stand with Argentina' amid restructuring request

28-08-2019 22:50 "The Fund will continue to stand with Argentina during these challenging times," IMF spokesman Gerry Rice said in a statement.

Government seeks to extend maturity of US$101 billion of debt

28-08-2019 22:38 Macri administration to postpone US$7 billion of payments on short-term local notes held by institutional investors this year and will seek the “voluntary reprofiling‘’ of US$50 billion of longer-term debt. It will also start talks over the repayment of US$44 billion it has received from the IMF.

IMF in talks with Argentina, will send team to Buenos Aires 'soon'

20-08-2019 12:32 Fund says it is continuing discussions with Argentina and will send a mission to Buenos Aires in the near future, as newly-installed Finance Minister Hernán Lacunza vows to stabilise currency.

Hernán Lacunza begins work after being sworn in as new finance minister

20-08-2019 08:58 "I want to thank Hernán Lacunza for accepting this complex responsibility in such a difficult time," declares President Macri at Casa Rosada ceremony.