ECONOMIC INDICATORS Argentina wins upgrade from Moody’s in boost for Milei 26-01-2025 23:40 Argentina’s credit rating raised by Moody’s Ratings to 'Caa3,' the third-lowest level of junk and on par with Ecuador, Bolivia and Ethiopia.
International Monetary Fund IMF publishes grim evaluation of Argentina’s US$44-billion deal 12-01-2025 08:55 Ex-post evaluation paints a grim picture of Argentina’s latest IMF programme that began in March 2022. Staff detailed reckless policy decisions by the government of former president Alberto Fernández that derailed the programme and economy in the run-up to the 2023 presidential election.
IMF DEBT PROGRAMME IMF to review US$44-billion loan in key step toward new deal 30-12-2024 17:31 International Monetary Fund’s executive board will review Argentina’s current US$44-billion aid programme next month, a crucial step as President Javier Milei negotiates for a new loan.
BANKING & FINANCE Central Bank working to enable dollar debt cards 14-10-2024 11:13 Argentina’s Central Bank is working with banks and credit card companies to enable debt cards denominated in dollars.
INTERNATIONAL MONETARY FUND IMF faces pressure to cut billions in fees for large borrowers 09-04-2024 16:51 IMF releases statement saying that “a number” of its board members were open to reviewing policies around surcharges, a move that could benefit Argentina, among other nations.
FINANCE Milei seeks US$15 billion for removal of currency controls 18-03-2024 11:24 President Javier Milei says he would open up restrictions on foreign currency immediately if he has US$15 billion; Money could be provided by the IMF, multilateral bodies, private investors and even “some countries."
IMF DEBT PROGRAMME Argentina, IMF talking about new programme outline 29-02-2024 12:20 Argentina, IMF in talks about outline of possible new programme to speed up exit from capital controls.
IMF DEBT PROGRAMME 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 DEBT DEAL Government reaches deal with IMF staff to unlock US$4.7 billion 10-01-2024 17:15 Argentina reached an agreement Wednesday with staff from the International Monetary Fund on the seventh review of the country’s US$44-billion programme.
IMF DEBT DEAL IMF toughens stance, questions Massa's measures 09-11-2023 19:42 Directors on multilateral lender's board reportedly concerned by dramatic loss of reserves as they toughen criticism of Argentina’s government.
BLOOMBERG – ANALYSIS Recession, inflation, devaluation: Economic troubles in 5 charts 19-10-2023 13:46 Argentina’s next president will take over in the middle of a financial emergency — which is par for the course in one of the world’s most dysfunctional economies.
IMF DEBT PROGRAMME IMF confirms Argentina asked to postpone October payments 06-10-2023 14:52 Request confirmed by the global monetary watchdog on Thursday; Government will have to pay US$3.4 billion after the election.
INTERVIEW / PERIODISMO PURO Alejandro Werner: ‘Trump would’ve backed Fernández and Biden would’ve Macri’ 02-09-2023 06:17 Former Western Hemisphere director for the International Monetary Fund and ex-Mexico government official Alejandro Werner on Argentina’s programme, political backing from Washington and the country’s troubled relationship with the multilateral lender. by Jorge Fontevecchia
ECONOMY MINISTER ABROAD Massa’s trip to Brazil ends without deal on exports to Argentina 29-08-2023 10:00 Brazil had proposed using yuan reserves to guarantee payment; Haddad surprised by agenda unilateraly released by Massa.
Living with inflation Spend now, worry later: no point saving in inflation-stricken Argentina 15-06-2023 15:04 Packed restaurants, long lines outside the theatre, concerts that sell out in hours – Argentines with purchasing power are responding with a frenzy of consumption in the face of soaring inflation.
Alberto in Brazil Argentina and Brazil mull trade credit lines bypassing US dollar 03-05-2023 16:38 Over 200 Brazilian firms eye exporting in reais, not dollars; Lines would lift exports to Argentina amid its currency crisis.
NAZI ACCOUNTS PROBE Credit Suisse accused of hindering probe into Nazi accounts 19-04-2023 10:13 Credit Suisse accused of impeding an investigation into its historical assistance to Nazis that had revealed a number of previously undisclosed accounts, including 99 allegedly linked to German officials or Nazi-affiliated groups in Argentina.
Bloomberg Argentina's credit rating cut by Fitch on public-sector debt swap 24-03-2023 19:09 Argentina's credit rating has been downgraded by Fitch Ratings to the lowest level above default as the government plans to force state institutions to dispose of their holdings of dollar-denominated bonds.