News of international monetary fund

Argentina to change IMF net reserve target for third time

26-02-2023 08:46 Argentina and the IMF are discussing a smaller figure for net reserve accumulation in 2023, a cornerstone of the deal seen as the only major anchor providing some stability to the economy.

Argentina seeks fresh IMF approval – and US$5 billion in funds

21-02-2023 15:58 Top officials head to Washington for talks with IMF over latest quarterly review; Government needs to boost reserves amid strong foreign currency outflows and punishing drought that has wrecked agricultural harvest projections.

Argentina’s US$44-billion IMF deal gets latest staff approval seal

03-12-2022 08:07 Third review of nation's US$44-billion debt programme now goes to the IMF’s executive board for approval, which is expected to meet this month; Upon completion, Argentina will have access to about US$6 billion, the IMF said.

Argentina to brings back exchange rate that led to IMF exception

26-11-2022 08:01 Economy Minister Sergio Massa to revive 'soy dollar' currency measure to boost soy exports and prop up Central Bank reserves that generated backlash from the International Monetary Fund. 

'Inflation tops the list' of Argentina's problem, says IMF director

14-09-2022 09:24 Inflation is the main problem afflicting Argentina's economy, International Monetary Fund (IMF) chief Kristalina Georgieva said Tuesday.

IMF chief praises Massa's 'stabilising plan,' talks over review continue

12-09-2022 22:03 Argentina and the IMF to continue talks over latest disbursement of funds, says multilateral lender’s chief after high-level talks with Sergio Massa.

New minister Batakis takes office in an Argentina full of uncertainty

07-07-2022 23:34 Silvina Batakis faces a number of key challenges and decisions; Issues like inflation, the IMF deal, the fiscal deficit and subsidies top her in-tray.

IMF ‘looking forward’ to working with Batakis at ‘difficult moment’

07-07-2022 16:06 New economy minister speaks with multilateral lender’s chief Kristalina Georgieva, who says Batakis confirmed her “commitment” to IMF refinancing programme.

IMF will update Argentina inflation forecast in wake of Ukraine war

09-06-2022 16:44 OECD warns of risks to global growth, but improves forecast for Argentina’s economy to 3.6% growth this year.

Argentina finishes first IMF review as path to targets may shift

09-06-2022 09:07 IMF staff and Argentine authorities agree that the annual objectives established at approval of the arrangement will remain unchanged.

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.

Ukraine war, rising prices prompt lower growth forecasts for Latin America

29-04-2022 20:05 New United Nations report warns of lower growth in region this year; CEPAL sees 3% rise in Argentina’s GDP, while IMF predicts 4% jump.

IMF upgrades Argentina growth projection ahead of Guzmán talks

19-04-2022 16:26 Multilateral lender predicts GDP will improve by 4% in 2022 but sees inflation topping out the year at 48%.

IMF slashes global growth forecasts amid Ukraine war

19-04-2022 15:07 IMF lowers global growth forecast to 3.6% for 2022 in wake of "seismic" impact of Ukraine war.

IMF-backed subsidy cuts are boon to power producers

10-03-2022 18:10 Energy producers in Argentina are poised to fare best from the agreement with the International Monetary Fund.

Government to change IMF bill to get opposition backing

09-03-2022 21:42 Ruling coalition agrees to change the bill that underpins the government’s agreement with the IMF in exchange for the opposition to support it.

Playing with fire

12-02-2022 09:27 Despite claims of an historical “Peronist third position,” the reality is Argentina has an impossible debt with the International Monetary Fund and it needs all the support it can get to restructure it.

by Agustino Fontevecchia

President on IMF deal: ‘The majority of our political force will accompany us’

08-02-2022 22:38 President grants Zoom interview to journalists from Barbados, the final stop of his foreign tour, offering a balance of his trip and revealing his conversation from Beijing with Cristina Fernández Kirchner.

by Rosario Ayerdi

All the time in the world

04-02-2022 23:07 The ill-tempered conflict between those who still hope Alberto will succeed in taming the Kirchnerites and their rivals who want him to remain under Cristina’s thumb confronts the opposition alliance with an awkward dilemma.

Miguel Ángel Pesce: ‘The IMF agreement reduces uncertainty’

04-02-2022 01:08 Miguel Ángel Pesce, head of Argentina’s Central Bank, on the IMF deal, the currency swap with China and President Alberto Fernández’s chances of re-election.

by Jorge Fontevecchia