BLOOMBERG Fintech firm Ualá to start giving personal loans in Mexico 05-12-2022 17:06 Ualá will begin offering loans for its clients in Mexico through its alliance with Mexican bank ABC Capital.
IMF DEBT DEAL IMF board approves review, frees up additional US$3.8 billion in funds 08-10-2022 10:17 International Monetary Fund's board approves a new loan tranche of US$3.8 billion to Argentina; Government granted two waivers.
BLOOMBERG IDB boosts Latin America ESG bond campaign with US$1-billion push 12-07-2022 15:55 Inter-American Investment Corporation is helping companies in Latin America and the Caribbean bring about US$1 billion of environmental, social and governance bonds.
IMF DEBT IMF: Targets in Argentina’s debt deal ‘have not changed’ 19-05-2022 16:09 Fund Spokesperson Gerry Rice says staff are making “good progress” in review of debt restructuring deal, but that its “objectives have not changed.”
IMF DEBT Government trusts in recalibration as IMF audits accounts 17-05-2022 15:57 Official data revealed six percent inflation for April; Once chapter of raising public utility rates is closed, International Monetary Fund will focus on nation’s deficient accumulation of reserves.
BLOOMBERG Ualá launches mobile payments for small businesses in Mexico 28-04-2022 10:19 Argentina’s Ualá mobile payments company is expanding into merchant services in Mexico.
BLOOMBERG Argentina’s US$44-billion debt plan remains unchanged despite shocks, IMF says 26-04-2022 17:19 Targets in recently minted US$44-billion agreement will remain unchanged even as some assumptions of the programme may be revised, says IMF Western Hemisphere Director Ilan Goldfajn.
IMF DEBT DEAL Guzmán tells IMF: ‘We will prioritise social spending’ 22-04-2022 23:34 Economy minister meets with International Monetary Fund Kristalina Georgieva, tells her Argentina’s government has complied with targets laid out in US$44.5-billion debt restructuring deal.
IMF DEBT DEAL Argentina receives US$9.7B after IMF board signs off on debt deal 25-03-2022 20:36 IMF chief Kristalina Georgieva warns that “risks” lie ahead, concedes “early recalibration” of programme may be necessary.
BLOOMBERG - ANALYSIS IMF approves Argentina’s US$45-billion deal already facing risks 25-03-2022 16:40 The International Monetary Fund has approved Argentina’s US$45-billion agreement, the final step to cement a deal that’s already facing economic and political challenges.
IMF DEBT DEAL IMF board to meet Friday to discuss Argentine debt deal 19-03-2022 18:46 The International Monetary Fund announced Saturday that its board of directors will discuss Argentina’s US$45-billion agreement on March 25, the final step of approval after two years of negotiations.
IMF DEBT DEAL IMF admits Ukraine war will impact targets in Argentina’s new programme 18-03-2022 17:50 International Monetary Fund admits economic consequences of Russia's attack on Ukraine will likely impact upon targets outlined in Argentina’s new financing programme.
IMF DEBT DEAL Senate approves IMF deal, now goes to board vote 18-03-2022 09:10 In a 56-13 vote with three abstentions, senators approve legislation underpinning Argentina’s latest IMF programme.
IMF DEBT DEAL Senate set to open debate on government's IMF bill 13-03-2022 21:25 IMF bill due to reach Senate Budget Committee on Monday, with the ruling coalition wanting it approved by the end of the week.
IMF DEBT DEAL PROTESTS Fernández de Kirchner hits out at ‘paradoxical’ attack on her Senate office 11-03-2022 16:40 Vice-president and Senate chief expresses dismay at "paradoxical" attack on her Senate office during protests against government's International Monetary Fund debt bill.
LAWMAKERS DEBATE DEBT DEAL IN CONGRESS Senate prepares to debate IMF deal after lower house backs bill 11-03-2022 16:25 Upper house to begin debate on bill on Monday, with government seeking approval before start of following week, when US$2.9-billion maturity is due.
IMF DEBT DEAL Lawmakers in lower house approve deal with IMF to repay debt 11-03-2022 10:07 Lawmakers in the lower house approve a deal with the International Monetary Fund to restructure US$45-billion debt; Senate must still vote to back deal.
IMF DEBT DEAL Argentina’s IMF deal bill passes in lower house, heads to Senate 11-03-2022 09:24 In early hours of Friday morning, Argentina's lower house of Congress approved bill underpinning government’s US$45-billion agreement with the IMF.
IMF DEBT DEAL Lower house prepares to vote on IMF deal, approval likely 10-03-2022 23:16 Argentina's lower house on track to approve government's deal to restructure its US$45-billion debt with the International Monetary Fund in a session just after midnight; Senate still to vote; Protesters clash with police during demonstrations against deal outside Congress.
IMF DEBT DEAL Government asks Congress to speed through passage of IMF deal 08-03-2022 21:17 President Alberto Fernández's government calls on Congress to "speed up" the treatment of its bill to refinance Argentina's US$45-billion debt with the International Monetary Fund.
IMF DEBT DEAL Deputies to start debating IMF deal as key week gets underway 07-03-2022 10:23 After months of negotiation between the government and the International Monetary Fund (IMF), Argentina's Congress will finally begin to officially debate a bill outlining the new financing programme this week.
IMF DEBT DEAL IMF bill reaches Congress to a backdrop of uncertainty 04-03-2022 23:32 Bill outlining agreement between Argentina and the IMF sent to lower house; Doubts persist over support from Kirchnerite lawmakers in ruling coalition; Opposition says it will wait to hear presentation from Guzmán.
IMF DEBT DEAL Argentina would receive US$9.8B in first IMF disbursement, says Guzmán 04-03-2022 23:00 Argentina's government will receive about US$9.8 billion in a first disbursement from the International Monetary Fund if its new financing programme is approved, Economy Minister Martín Guzmán said on Friday.
IMF DEBT DEAL Government posts IMF bill documents ahead of Congress debate 04-03-2022 22:58 Argentina on Friday released the text of a memorandum of understanding and accompanying documents that are part of the agreement it has reached with International Monetary Fund.
IMF DEBT DEAL Details of the IMF agreement that the government has sent to Congress 04-03-2022 18:22 Agreement foresees Argentina registering inflation of up to 48% this year, economic growth of 4.5% and receiving IMF disbursements of more than US$24 billion until end of 2022.
BLOOMBERG Argentina inks US$45-billion staff-level IMF deal in key step 03-03-2022 21:02 Staff-level accord, which includes commitments to narrow fiscal deficit and money-printing while unwinding energy subsidies, will seek to address “persistent” high inflation and public finances.
IMF DEBT TALKS Argentina says it has overcome energy-fee hurdle in IMF agreement 03-03-2022 15:12 Argentina has hammered out an agreement with the International Monetary Fund over how to handle energy subsidies, presidential spokeswoman Gabriela Cerruti said on Thursday.
IMF DEBT DEAL Argentina’s draft IMF agreement heads to Congress 02-03-2022 23:46 Sources close to Lower House Speaker Sergio Massa confirm to local media outlets that a bill outlining Argentina’s agreement with the International Monetary Fund will be sent to Congress this Thursday.
IMF DEBT DEAL Argentina has reached a deal with IMF staff, says president 01-03-2022 22:01 President Alberto Fernández announces government has reached an agreement with the staff of the International Monetary Fund on details needed to refinance the country’s loan with the Washington organisation.
IMF DEBT DEAL IMF and Argentina engaged in ‘intense negotiations,’ says Fund official 18-02-2022 20:54 Government wants to send a bill to Congress containing details of a new IMF financing programme “before March,” according to Casa Rosada sources.
IMF DEBT DEAL Government wants to send IMF deal to Congress before start of March 18-02-2022 01:47 Casa Rosada sources say they hope negotiations with IMF staff over a new financing programme will be completed “in a matter of days.”
ECONOMIC INDICATORS Inflation reached 3.9% in January, lifting annual rate to 50.7% 15-02-2022 22:08 Consumer prices rose 3.9% in January as inflation accelerated for a second straight month, the INDEC national statistics bureau reported on Wednesday.
BLOOMBERG – ANALYSIS Inflation accelerates for second straight month 15-02-2022 21:55 Argentina’s inflation accelerated for the second consecutive month in January as the Central Bank sped up the pace of its controlled currency devaluations.
IMF DEBT DEAL IMF board to discuss progress in Argentina programme on Wednesday 15-02-2022 21:30 The International Monetary Fund’s board of directors will meet on Wednesday to discuss the state of negotiations with Argentina.
IMF DEBT DEAL IMF risking its reputation with 'disappointing' Argentina deal, says former Fund official 15-02-2022 13:25 Ex-director of IMF's Western Hemisphere Department criticises "weak" and "disappointing" agreement between multilateral lender and Argentina, warning it is likely to go "off-track."
IMF DEBT DEAL 'Act of good sense' – President praises opposition support for IMF deal 12-02-2022 21:26 President Alberto Fernández praises opposition coalition's support for new IMF financing programme. saying he considered it to be an "act of good sense."
IMF DEBT DEAL Government, opposition tell IMF Argentina is ready to ‘meet its obligations’ 12-02-2022 09:59 Rare signs of unity as Frente de Todos and Juntos por el Cambio indicate they will support IMF agreement in Congress; Fund spokesman says staff are working closely with government officials to secure new financing deal "as quickly as possible." by James Grainger
INTERVIEW / PERIODISMO PURO Sergio Chodos: ‘The 2018 agreement left us Argentines with nothing’ 11-02-2022 00:01 Executive Director for the Southern Cone at the IMF explains in detail how the agreement was reached, anticipating some of the fine print and unfolding the government’s economic vision. by Jorge Fontevecchia
IMF DEBT DEAL IMF aiming to finalise loan for Argentina quickly 10-02-2022 15:25 IMF staff are working closely with officials in Argentina to secure an agreement on a new financing deal "as quickly as possible," says spokesperson.
IMF DEBT DEAL Left-wing demonstrators march to condemn Argentina's deal with IMF 08-02-2022 22:01 Left-wing demonstrators rally in Buenos Aires and call on the government to reject any deal with the International Monetary Fund.
IMF DEBT Argentina's government pays IMF US$370 million in debt interest 04-02-2022 23:20 Argentina on Friday paid US$370 million to the IMF as interest on a US$44-billion debt that was rescheduled late last month, officials said.
PRESIDENT IN RUSSIA Guzmán seeks IMF support in Russia 04-02-2022 23:01 Argentina seeks Russian support for inclusion in the distribution of the special drawing rights of developed countries at IMF.
IMF DEBT TALKS IMF chief: No alternative to deal with Argentina 04-02-2022 18:41 IMF Managing Director Kristalina Georgieva warns that there is “no alternative” to Argentina's pending agreement with the Washington-based crisis lender, warning that country’s struggle with inflation and poverty will worsen without a deal.
IMF DEBT DEAL IMF focus on saving Argentina from dangerous inflation path 04-02-2022 11:00 IMF Managing Director Kristalina Georgieva says lessons have been learned from 2018 and that the Fund's "main focus" is to help Argentina tackle high inflation.
nuclear deal Argentina signs agreement to build fourth nuclear power plant 04-02-2022 03:22 New nuclear power plant, Atucha III, requires an investment of more than US$8 billion and will create 7,000 new jobs, according to the government. Announcement made on eve of president’s visit to China.
IMF DEBT DEAL Five key hurdles Argentina must overcome before a final IMF deal 03-02-2022 15:09 The remaining obstacles that analysts and investors are going to look to see answered in the final rounds of talks with the International Monetary Fund.
IMF DEBT DEAL Argentina seeks to reach IMF staff-level agreement before March 02-02-2022 14:19 Argentina’s government expects to reach a staff-level agreement on a new programme with the International Monetary Fund in the next three to four weeks before sending it to Congress for approval.
IMF DEBT DEAL Resignation throws doubt on Argentina's IMF agreement 02-02-2022 14:11 A dose of uncertainty has been injected into the market after Máximo Kirchner's resignation highlights opposition to IMF deal within the ruling coalition.
ARGENTINA & THE IMF Four keys to understanding what was agreed with the IMF 29-01-2022 11:49 The government's flurry of announcements, press conferences and messages of support hasn't answered all the questions.
IMF DEBT TALKS Government agrees new financing deal with IMF 28-01-2022 22:10 President Fernández announces ‘reasonable’ deal with multilateral lender; Government commits to progressive reduction of fiscal deficit; Guzmán says Central Bank financing of the Treasury will be trimmed; Argentina won’t make any repayments to Fund for next four years.