News of imf economy

Dollars, IMF, cepo – Economy Ministry’s expectations after Trump triumph

06-11-2024 23:59 The government is betting on ideological overlap between Milei and Trump helping Argentina to obtain the financing required to face the need for dollars.

by Ezequiel Orlando

Analysing Argentina

Milei’s magical thinking about a Trump victory

02-11-2024 07:38 Argentina — or Latin America, for that matter — will not be an immediate priority for any incoming US administration, though Milei may leverage his ideological rapport with a potential President Trump.

by Marcelo J. García

IMF PROGRAMME

IMF confirms Argentina ‘exploring’ new financing programme

25-10-2024 17:26 Argentina’s government is “exploring options” for a new financing programme with the International Monetary Fund, confirms top official.

IMF DEBT PROGRAMME

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.

POLITICS & ECONOMY

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 CREDIT LINE

Caputo says Argentina in talks with IMF over new deal, fresh funds

23-10-2024 13:58 After being hailed as “finance minister of the year” by a magazine in Washington, Argentina’s Economy Minister Luis Caputo Caputo said talks with the International Monetary Fund over a new agreement that includes fresh funds are underway.

ECONOMIC OUTLOOK

IMF casts doubt over Milei administration’s inflation estimate

22-10-2024 12:38 The International Monetary Fund estimates Argentina’s inflation rate in 2025 will hit 45%, a significant variation from the 18% projected by Javier Milei’s government in its budget bill.

Economic - Analysis

Global public debt to hit US$100 trillion by end of 2024, IMF says

16-10-2024 06:53 Global public debt risks of rising to US$100 trillion by the end of 2024, warns International Monetary Fund.

International Monetary Fund

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.

International Monetary Fund

Argentina may combine final two IMF reviews before new talks

25-09-2024 09:10 Government may condense negotiations with IMF staff on its US$44-billion programme before opening talks on a new agreement that could include new money, Economy Minister Luis Caputo told investors Tuesday in New York.

INTERNATIONAL MONETARY FUND

IMF eyes decision on loan-penalty relief by October meetings

16-09-2024 13:20 The IMF’s executive board plans Monday to hold an informal meeting on the review of the so-called surcharges, fees that apply to nations including Argentina.

INTERNATIONAL MONETARY FUND

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.

ANALYSING ARGENTINA

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

POLITICS & ECONOMY

Milei dials back shock therapy to keep Argentina’s inflation in check

12-07-2024 12:44 President Javier Milei is tapping the brakes on his shock therapy programme in a bid to hold on to popular support amid Argentina’s bleak economic reality.

IMF ON ARGENTINA

IMF denies there is ‘specific timetable’ for new Argentina deal

11-07-2024 16:48 Julie Kozack, the Fund's communications director, contradicts claims by Economy Minister Luis Caputo that talks about new financing deal are underway and an agreement could be sealed this year.

INTERNATIONAL MONETARY FUND

IMF backs negotiator who drew Milei’s ire in Argentina aid talks

11-07-2024 15:48 Managing Director Kristalina Georgieva "has full confidence" in top negotiator Rodrigo Valdés despite criticism from President Javeir Milei.

POLITICS & ECONOMY

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 ANALYSIS

Argentina to move real rates to positive territory, IMF says

17-06-2024 14:57 IMF expects Argentina to take real interest rates into positive territory and ease currency controls in coming months.

ECONOMIC OUTLOOK

IMF downgrades Argentina's economic outlook for 2024

17-06-2024 12:39 International Monetary Fund downgrades estimate, forecasting that the economy will contract by 3.5% this year.

IMF REVIEW

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.

POLITICS & ECONOMY

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.

INTERNATIONAL MONETARY FUND MEET

Milei to meet IMF chief during Argentina’s push for new programme

12-06-2024 23:06 President Javier Milei will meet face-to-face with the head of the International Monetary Fund in Italy this week as Argentina pushes for a new programme.

CURRENCY SWAP

Central Bank says China currency swap renewed until July 2026

12-06-2024 22:26 Central Bank renews a roughly US$5-billion portion of its currency swap line with the People’s Bank of China for another two years.

CHINA CURRENCY SWAP

IMF expects China to reschedule billions in Argentina’s debt

12-06-2024 11:34 IMF expects China to reschedule payments from the US$18-billion swap line that it has extended to Argentina.

NEW IMF PROGRAMME?

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.

INTERNATIONAL MONETARY FUND

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.”

IMF

IMF expects Argentina's economy ‘to start growing’ in second semester

16-05-2024 17:52 Multilateral lender reiterates its satisfaction with the progress made by President Javier Milei's government in Argentina.

IMF DEBT PROGRAMME

Milei wins IMF staff support to unlock US$800 million

13-05-2024 12:07 IMF staff sign off on eighth review of Argentina’s US$44-billion programme, endorsing President Milei’s shock therapy programme and freeing up access to nearly US$800 million.

ECONOMIC ASSESSMENT

IMF: Argentina meeting programme targets by ‘significant margins’

22-04-2024 11:53 Milei’s stabilisation plan "has yielded better results than we expected in our last programme review," says Rodrigo Valdés, IMF's director for Latin America and the Caribbean.

INTERNATIONAL MONETARY FUND

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.

ECONOMIC OUTLOOK

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.

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.

International Monetary Fund

IMF chief Georgieva sole candidate in re-election process

04-04-2024 16:29 IMF Manging Director Kristalina Georgieva poised for a second term as nominations close.

LENDING BOOM

IMF is lending near-record US$150-billion to counter debt and wars

19-03-2024 13:09 The International Monetary Fund is lending around US$151 billion to almost 100 countries, evidence of its growing role as a backstop against the financial and political dangers of the post-pandemic world.

AMCHAM SUMMIT

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.

ANALYSIS

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.

ECONOMIC OUTLOOK

Analysts improve outlook, forecast inflation slowing to 210% in 2024

08-03-2024 10:48 Experts consulted for Central Bank’s REM survey of market expectations lower forecasts for inflation in the next few months, predicting 15.5% rate for February and a 3.5% economic slump this year.

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.

ECONOMIC CRISIS

IMF says Milei's austerity measures should not hurt the poor

25-02-2024 13:42 IMF deputy managing director Gita Gopinath says in an interview that Argentina's austerity measures must be calibrated to ensure "the burden does not fall entirely on the poorest groups."

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.

Utilities on rise

Electricity bills in Buenos Aires metro region to soar up to 150%

16-02-2024 11:06 Huge hikes announced by Energy Secretary Eduardo Rodríguez Chirillo; Monthly updating to kick in from April, but new rates will begin imminently.

RUNAWAY PRICE HIKES

President Milei blasts inflation data, focused on reforms

15-02-2024 11:36 President Javier Milei blasts Argentina’s monthly inflation figure of 20.6% in January as “horrendous.”

FOREIGN POLICY & DIPLOMACY

Milei’s Jerusalem visit signals Argentina’s support of Israel

05-02-2024 18:55 President Javier Milei chose Jerusalem as the destination of his first bilateral trip, underscoring his government’s willingness to bring Argentina closer to Israel.

INTERNATIONAL MONETARY FUND

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.

IMF DEBT PROGRAMME

IMF authorises US$4.7 billion loan tranche, says Milei will remove currency controls

01-02-2024 18:25 International Monetary Fund signs off on fresh loan disbursement and reveals Argentina will lift currency controls this year – though it warns political and social unrest may lie ahead.

IMF DEBT PROGRAMME

IMF to postpone Argentina review to give Milei more time

31-01-2024 12:28 Troubled nation’s quarterly review, scheduled for September, will move to November, according to Reuters. If confirmed, it would give the government greater scope to implement economic changes and potentially negotiate a new programme.

BLOOMBERG - ANALYSIS

IMF sharply cuts Argentina’s growth forecast on Milei’s plan

30-01-2024 19:14 The government’s push to cut down on spending is “absolutely needed” to rein in inflation, which the IMF estimates will slow down to near 150 percent a year by December.

ECONOMIC OUTLOOK

IMF cuts Argentina 2024 growth forecast, forecasts 2.8% contraction

30-01-2024 15:55 Multilateral lender warns that inflation is expected to increase in the short term, projecting growth of minus 2.8 percent this year and plus five percent in 2025.

IMF DEBT

Milei vows to ‘keep promises’ after meeting with IMF chief

18-01-2024 01:15 President Javier Milei met IMF Managing Director Kristalina Georgieva after his speech to world leaders in Davos; Talks focused on Argentina’s US$44-billion programme and reaction to government’s austerity bid.

IMF DEBT PROGRAMME

President to meet Georgieva in Davos after winning IMF support

16-01-2024 09:09 President Javier Milei will meet International Monetary Fund Managing Director Kristalina Georgieva on Wednesday at the World Economic Forum in Davos, Switzerland.

News of imf economy

Dollars, IMF, cepo – Economy Ministry’s expectations after Trump triumph

Milei’s magical thinking about a Trump victory

IMF confirms Argentina ‘exploring’ new financing programme

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

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

Caputo says Argentina in talks with IMF over new deal, fresh funds

IMF casts doubt over Milei administration’s inflation estimate

Global public debt to hit US$100 trillion by end of 2024, IMF says

IMF moves to ease billions in penalty fees for biggest borrowers

Argentina may combine final two IMF reviews before new talks

IMF eyes decision on loan-penalty relief by October meetings

IMF official steps back from Argentina talks in feud with Milei

What if Milei is wrong about the economy?

Milei dials back shock therapy to keep Argentina’s inflation in check

IMF denies there is ‘specific timetable’ for new Argentina deal

IMF backs negotiator who drew Milei’s ire in Argentina aid talks

Milei says legislative win paves way for monetary policy pivot

Argentina to move real rates to positive territory, IMF says

IMF downgrades Argentina's economic outlook for 2024

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

Milei looks to keep winning streak alive in crucial IMF meeting

Milei to meet IMF chief during Argentina’s push for new programme

Central Bank says China currency swap renewed until July 2026

IMF expects China to reschedule billions in Argentina’s debt

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

IMF urges increased assistance for Argentina’s poorest

IMF expects Argentina's economy ‘to start growing’ in second semester

Milei wins IMF staff support to unlock US$800 million

IMF: Argentina meeting programme targets by ‘significant margins’

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

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

IMF faces pressure to cut billions in fees for large borrowers

IMF chief Georgieva sole candidate in re-election process

IMF is lending near-record US$150-billion to counter debt and wars

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

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

Analysts improve outlook, forecast inflation slowing to 210% in 2024

Argentina, IMF talking about new programme outline

IMF says Milei's austerity measures should not hurt the poor

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

Electricity bills in Buenos Aires metro region to soar up to 150%

President Milei blasts inflation data, focused on reforms

Milei’s Jerusalem visit signals Argentina’s support of Israel

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

IMF authorises US$4.7 billion loan tranche, says Milei will remove currency controls

IMF to postpone Argentina review to give Milei more time

IMF sharply cuts Argentina’s growth forecast on Milei’s plan

IMF cuts Argentina 2024 growth forecast, forecasts 2.8% contraction

Milei vows to ‘keep promises’ after meeting with IMF chief

President to meet Georgieva in Davos after winning IMF support

Milei pulls Argentina’s delegation from COP29 climate conference

Court upholds Cristina Fernández de Kirchner’s graft conviction, setting up Supreme Court showdown

Wall Street skips Argentina bond and M&A rally loved by locals

New push for EU-South America trade deal despite French fury

Blocking and Bargaining: France and farmers fight EU-Mercosur trade deal

Aguas Cordobesas, Ecogas y Epec, entre las empresas imputadas por incluir tasas en sus facturas

Epec: por qué las facturas llegarán con más aumentos para los usuarios de Córdoba

Córdoba: cuál es el ranking de los autos más robados

El Gobierno disolvió el programa Procrear y habilitó las hipotecas divisibles

Llega la Noche de las Heladerías a 19 provincias: cuándo es y qué locales participan