News of international monetary fund

New economy chief wins IMF praise on first trip

12-09-2022 20:59 IMF Managing Director Kristalina Georgieva praises "strong steps" Economy Minister Sergio Massa has taken to stabilise the economy following meeting in Washington.

Key Argentina creditor hints at withholding new funding

26-07-2022 13:42 Argentina faces further potential isolation after one of its last-standing creditors suggested it won’t give new funding until the government organises itself better.

IMF board approves first review of Argentina debt programme

24-06-2022 16:15 Executive board of International Monetary Fund signs off on first quarterly review, approving Martín Guzmán figures for US$44.5-billion debt programme and paying way for new disbursement of funds.

Guzmán surprises markets with last-minute debt bond swap

23-06-2022 00:00 Economy Ministry eases 60% of June debt burden in local swap, drastically reducing pressure on the government; Government makes US$2.7-billion payment to IMF.

Argentina clears first review as IMF paves way for US$4-billion in funds

09-06-2022 00:34 IMF confirms it has reached a staff-level agreement with Argentina that will unlock US$4.03 billion in funding; Multilateral lender says government “met all qualitative targets in first quarter."

Manzur tells senators: Inflation is Argentina’s ‘main problem’

02-06-2022 20:52 Eight-and-a-half months after taking office, Cabinet chief delivers first management report before Senate, warning that attempts to tackle price hikes will take some time.

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 warns of significant risks facing Latin American growth

26-04-2022 10:05 Latin America and the Caribbean facing significant risks to growth, warns International Monetary Fund; Region's economy to grow 2.5% this year, with Argentina's GDP expected to improve 4%.

‘Inflation is paralysing Argentina’s economy,’ says IMF official

15-04-2022 01:10 Opposition critics let rip at government after damning INDEC data reveals extent of consumer price hikes.

Argentina's IMF deal fails to revive bonds stuck around 30 cents

29-03-2022 16:56 Argentina's bonds maturing in 2035 are little changed since President Alberto Fernández’s administration reached an agreement with IMF.

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.

'Stand by me'

25-02-2022 18:00 The lyrics of ‘Stand by me,’ the song made famous​​ by Ben E. King in 1961, sum up the message from Alberto Fernández and Martín Guzmán to the IMF.

by Carlos Fara

Carrió backs IMF agreement, tells allies to do the same

08-02-2022 17:41 Former national deputy and Coalición Cívica-ARI leader says Argentina must "honour its debt" and that the opposition has an "inexcusable duty" to support the government's deal with the IMF.

Alberto tells Putin: Argentina has to stop depending on IMF and US

04-02-2022 23:32 President's foreign tour to Moscow, Beijing and Barbados begins with a bang as opposition criticises “irresponsible” remarks to Russian leader.

Máximo’s post-resignation plans and IMF deal strategy

03-02-2022 22:25 Frente de Todos lawmaker will not obstruct debate of the government’s IMF bill in Congress. The orders to his troops in Congress and what comes next.

by Rosario Ayerdi

Máximo Kirchner quits Argentina Congress role in IMF protest

01-02-2022 14:21 Argentina’s tentative IMF agreement suffers a setback as Máximo Kirchner, the ruling coalition’s leader in the lower house, resigns in protest over the deal.

IMF payment deepens divide within Argentina’s ruling coalition

27-01-2022 16:56 Argentina’s looming deadline to make an interest payment of over US$700 million to the International Monetary Fund on Friday is exposing a growing divide within the ruling coalition.

Cerruti says IMF payment depends on progress in talks

27-01-2022 16:37 Government spokesperson refuses to confirm if country will make US$730-million payment to the IMF this Friday, saying decision depends on the progress of talks.

Key week for IMF talks: Argentina due to pay US$731 million on Friday

24-01-2022 14:59 With talks failing to make serious headway, Argentina's government must now decide whether it will make a payment on the principal worth US$731 million this Friday.

Fernández de Kirchner slams ‘Pandemia Macrista’ in latest letter

21-01-2022 23:14 With IMF talks entering crucial stage, vice-president’s latest letter declares controversially that “Macri’s pandemic cost more than Covid-19."