News of guzman

Going it alone in limbo

07-01-2022 22:43 It is widely assumed that unless President Alberto Fernández’s government reaches an agreement with the International Monetary Fund very soon, Argentina will sink far deeper into the mire. We could be about to learn if the many who think this way have it right or if they are merely scare-mongering.

by James Neilson

​​Argentina’s bonds slump as economy chief criticises IMF proposals

07-01-2022 16:57 Markets react negatively to government's IMF presentation, as doubts increase over likelihood of a deal before March.

Argentina's opposition refuses to attend meeting on IMF talks

04-01-2022 14:28 Leaders from Argentina’s top opposition bloc indicated that they won’t be attending the government’s meeting at the presidential palace on Wednesday to discuss the state of negotiations with the International Monetary Fund.

Government extends 2021 Budget and restructures double severance

31-12-2021 12:35 The extension of the 2021 Budget and the phasing out of double severance were published last Thursday in the Official Gazette, via decrees signed by President Alberto Fernández.

Reserves drop as Argentina makes US$1.9-billion payment to IMF

22-12-2021 17:18 Central Bank reserves fall after Argentina made a US$1.9-billion payment to the International Monetary Fund on Wednesday; Talks over new financing programme set to resume in January.

Argentina and the IMF: still bound in a love-hate relationship

21-12-2021 14:52 Argentina has long had a stormy relationship with the International Monetary Fund. Twenty years after a deep economic, political and social crisis shook the country, the nation is again traversing a tense financial patch.

2022 Budget bill: Government suffers defeat in Congress

17-12-2021 14:50 Argentina's government suffered an embarrassing defeat on Friday as its 2022 Budget was rejected by Congress, underlining tensions over the country's economic policies.

IMF’s critics in Argentina reiterate their opposition to new deal

15-12-2021 16:29 Thousands of people flood the streets of Argentina to underline their opposition to a new agreement with the International Monetary Fund.

US official expresses support for 'solid' Argentina-IMF agreement

08-12-2021 17:09 White House's top Latin America advisor Juan González says he is "optimistic" that a "solid" agreement can be worked out with Argentina and the International Monetary Fund.

2001 to 2021: Ticking time bomb

03-12-2021 23:41 Fast forward to today from 2001 and Argentina’s massive debt pile is still front and centre of the political discussion, as is the IMF and the possibility of default.

by Agustino Fontevecchia

'It’s not Cristina': Argentina’s VP breaks silence, pushes IMF decision to Congress

28-11-2021 08:28 Vice-president breaks her silence on a deal between Argentina and the International Monetary Fund, saying the approval will be the responsibility of the entire Congress and that a deal is not her responsibility.

Argentina’s dollar bonds slip to eight-month low on wait for economic plan

25-11-2021 15:23 Argentina's dollar bonds trade at an eight-month low. Slide comes just days after investors cheered outcome of midterm elections.

Government faces midterm pain amid wrecked economy

12-11-2021 06:00 Voters will pick half of the lower house seats and a third of the senate, in an election that will act as a crucial test for the government’s fragile unity.

Martín Guzmán: ‘We want an agreement with IMF before March’

12-11-2021 00:01 Economy Minister Martín Guzmán discusses Argentina's talks with the International Monetary Fund at a crucial moment for the ruling Frente de Todos coalition – just days before the midterm elections.

by Jorge Fontevecchia

Martín Guzmán: ‘There will be no devaluation’

25-10-2021 11:02 Argentina’s economy minister plays down rumours of an upcoming devaluation, declares that record US$57-billion IMF credit-line was “a political loan” that helped finance Mauricio Macri’s re-election campaign.

Fernández: Argentina ‘absolutely’ committed to sealing new IMF deal

15-10-2021 20:44 ​​Following reports any deal won’t be sealed until 2022, president tells business leaders that Argentina will repay IMF debt once it is “back on its own two feet again.”

Filthy, dirty, sexy (monopoly) money

01-10-2021 23:04 Frente de Todos will put out all the stops to win back disillusioned voters in Peronist strongholds that didn’t go out to vote.

by Agustino Fontevecchia

President, vice-president make rare public appearance together

01-10-2021 01:54 Alberto Fernández and Cristina Fernández de Kirchner smile for the cameras as the government announces a plan to boost agroindustry; Frente de Todos' top-tier leaders relaunch campaign ahead of November's midterm elections.

Fernández confirms reshuffle: Juan Manzur named Cabinet chief

17-09-2021 22:40 resident Fernández reshuffles Cabinet​​ in bid to overcome schism with Cristina Fernández de Kirchner; Juan Manzur in as Cabinet chief, Santiago Cafiero becomes foreign minister; Aníbal Fernández returns.

Government forecasts 33% inflation, 4% growth in 2022 Budget

17-09-2021 14:07 Economy Minister Martín Guzmán meets deadline, submitting Budget bill to Congress at the last possible moment in the dead of night, as crisis raged in the ruling coalition.