ECONOMIC OUTLOOK IMF holds firm on Argentina growth forecast despite global uncertainty Today 12:35 Washington-based lender cites early 2025 economic rebound and rising confidence amid broader warnings over global slowdown.
POLITICS & ECONOMY – ANALYSIS Milei dreams of re-election – with IMF's help 19-04-2025 06:00 Whether signing an IMF deal represents a “day of liberation” or one of mourning, it lifts a cloud of uncertainty and allows the political ecosystem to focus on upcoming elections. by Agustino Fontevecchia
IMF BOOSTS RESERVES Central Bank reserves hit US$36 billion after first IMF tranche 15-04-2025 17:26 First disbursement of US$12 billion arrives from International Monetary Fund, boosting reserves; Official exchange rate rises to 1,223 pesos per dollar; Country risk falls to 725 points.
ECONOMY – ANALYSIS IMF bets billions on Milei’s chainsaw to avert past debacles 13-04-2025 08:50 Frontloading disbursements is a controversial move that increases the IMF’s exposure to its biggest debtor, just as Milei faces the same policy dilemmas that have doomed his predecessors.
ARGENTINA & THE IMF Another IMF loan: for Argentina, it’s Groundhog Day 12-04-2025 15:24 Generations of Argentines feel their country is trapped in a recurring cycle: yet another loan from the International Monetary Fund to rescue a volatile economy.
POLITICS – ANALYSIS Milei gains 'breathing room' from his ties with Trump 12-04-2025 11:54 The support President Milei has garnered from the Trump administration stands in stark contrast to the mounting challenges on the home front. by Pablo Varela
IMF DEBT PROGRAMME Argentina and the International Monetary Fund: A long, tricky history 12-04-2025 09:29 Argentina, which has a track record of economic crises and hyperinflation, is already the IMF's biggest debtor, ahead even of war-torn Ukraine.
POLITICS – ANALYSIS Milei launches new economic phase, with nod to middle class 11-04-2025 23:56 Casa Rosada expresses satisfaction as alignment with Trump bears fruit and secures an unprecedented initial disbursement from the International Monetary Fund.
ECONOMIC CHANGES Milei ends 'cepo' as IMF board approves US$20-billion bailout 11-04-2025 23:32 Milei declares "cepo is gone for good" as IMF unlocks US$12 billion in immediate funding and Argentina lifts capital controls in 48-month US$20-billion programme.
NEW IMF PROGRAMME Milei nears US$20-billion Argentina loan as IMF staff sign off 09-04-2025 08:49 Members of the Washington-based lender’s executive board are expected to vote on the agreement Friday.
NEW IMF PROGRAMME IMF confirms preliminary agreement with Argentina for US$20-billion loan 09-04-2025 08:33 Multilateral lender says it has reached a staff-level agreement with President Milei's government on a new 48-month US$20-billion programme, subject to approval by executive board.
Editorial A double date 05-04-2025 06:36 Milei has yet to realise (or admit, if he does realise) that Trump is taking the United States into precisely the same direction from which he himself is struggling to pull out Argentina.
IMF PROGRAMME IMF met again on Argentina as upfront payment proves contentious 04-04-2025 19:30 There is still no consensus among board members on the size of the upfront payment to Argentina, according to reports.
MILEI TO AMERICA Milei heads to Trump’s home base with IMF feal near finish line 02-04-2025 08:52 President Javier Milei will reportedly travel to Florida on Wednesday for talks with President Donald Trump at Mar-a-Lago.
IMF PROGRAMME Caputo: Argentina wants a ‘high’ first disbursement from IMF 31-03-2025 14:04 Economy Minister revealed last week that Argentina is seeking around US$20 billion in fresh financing from the IMF, on top of its existing US$44-billion debt.
Analysing Argentina Will Elon Musk’s plumber pay for Milei’s trips abroad? 29-03-2025 06:11 There is reason behind the IMF’s decision to throw its weight behind President Milei, which means partnering with his political objectives too. by Marcelo J. García
Editorial Into More Frenzy 29-03-2025 06:11 Perhaps today’s economic situation is best explained by saying: “It’s the elections, stupid.”
IMF PROGRAMME IMF confirms Argentina has requested new US$20-billion loan programme 28-03-2025 18:10 "Progress on the new programme is very advanced and engagement continues at all levels to finalise an agreement," says IMF in a statement.
IMF PROGRAMME Argentina seeks large portion of US$20-billion IMF deal up front 28-03-2025 12:00 The size of Argentina’s first disbursement has become the most important issue of negotiations at this stage, with President Milei's government seeking a large portion up front.
IMF DEBT PROGRAMME Argentina says its new IMF programme will total US$20 billion 27-03-2025 15:00 The economy minister added that funds combined from the IMF, World Bank, Inter-American Development Bank and regional bank CAF would put Argentina’s Central Bank reserves near US$50 billion.
ANALYSIS How many dollars does Luis Caputo need to reach the midterms? 27-03-2025 00:39 The market is spotlighting fresh funds. The blend could be a bargaining-chip for exchange rate intervention. Central Bank reserves back to levels of late 2023. by Eugenia Muzio
BEYOND THE HEADLINES 'Cepo' in review 22-03-2025 07:53 It might well be argued that the ‘cepo,’ the seemingly endless set of currency and capital controls, has been a bane of Argentina’s existence. by Michael Soltys
IMF DEBT TALKS IMF to consider US$20-billion Argentina deal in informal meeting 21-03-2025 15:44 IMF intends to discuss a new loan for Argentina during an informal meeting between its staff and executive board next week in Washington.
IMF DEBT PROGRAMME IMF deal will be agreed by mid-April, says Milei 20-03-2025 18:27 Lower house backs presidential decree authorising new deal with International Monetary Fund.
IMF DEBT PROGRAMME Milei wins lower house approval to agree new IMF loan 19-03-2025 17:52 Milei granted free hand in negotiations with International Monetary Fund over a new programme as lower house backs decree authorising talks.
Congress & Politics Congress upholds Milei’s decree to back new IMF-Argentina deal 19-03-2025 17:44 Lower house lawmakers vote in favour of President Javier Milei’s emergency executive decree backing a new deal with the International Monetary Fund.
IMF DEBT PROGRAMME Milei issues decree to take new IMF deal through Congress 11-03-2025 09:55 President issues decree seeking green light from Congress to move forward with rejigged IMF agreement; Repayments would be pushed out over 10 years with a grace period of four and a half years.
IMF DEBT TALKS Milei says IMF deal will wipe out inflation 09-03-2025 09:04 President Javier Milei says new IMF programme is a move to "exterminate inflation" in Argentina.
NEW IMF PROGRAMME ‘Devaluation not the solution,’ says Caputo on IMF deal 06-03-2025 22:27 End of April target set; Deal could include US$20 billion in funds, says Wall Street bank.
IMF DEBT TALKS Wall St sees Argentina getting up to US$20 billion in IMF deal 06-03-2025 00:01 Negotiations between Milei’s government and the IMF appear to be nearing the final stages.
IMF DEBT TALKS Adorni says Argentina aiming for new IMF loan deal by end April 05-03-2025 23:43 New deal with IMF "should be completed in the first four months of the year," Presidential Spokesperson Manuel Adorni tells reporters.
POLITICS & ECONOMY President to seek Congress support for IMF deal ‘in coming days’ 03-03-2025 09:03 Milei’s request to Congress is a key step because IMF agreements are required by law to be approved by legislative branch to be enacted.
IMF TALKS Caputo says talks over new IMF agreement entering final phase 18-02-2025 11:12 “We’re onto the final points, negotiating the amount and the terms on which we agree,” says economy minister.
Editorial Into More Funds? 01-02-2025 00:01 There seems to be a complacent assumption in many government circles that negotiations with the International Monetary Fund are a slam dunk now that Donald Trump occupies the White House.
ECONOMY – ANALYSIS Argentina and the IMF – scenarios for a possible new agreement 28-01-2025 10:04 Milei government and IMF continue to fine-tune a future agreement which is likely to include a remittance of some US$11 billion to bolster Central Bank coffers, allowing Argentina to remove the ‘cepo’ currency and capital controls. by Gonzalo Martínez
INTERNATIONAL MONETARY FUND IMF to send team to Argentina after ‘excellent’ Milei meeting 20-01-2025 09:21 IMF Managing Director Georgieva meets President Javier Milei in Washington and highlights "tremendous progress" of Argentina’s economy. An IMF team will travel to Buenos Aires next week to accelerate talks over a new programme.
ECONOMIC OUTLOOK IMF projects strong economic growth for Milei's Argentina in 2025 17-01-2025 18:59 International Monetary Fund estimates that Argentina’s economy contracted by 2.8% last year, but projects five percent growth in the coming two years.
International Monetary Fund IMF publishes grim evaluation of Argentina’s US$44-billion deal 12-01-2025 08:55 Ex-post evaluation paints a grim picture of Argentina’s latest IMF programme that began in March 2022. Staff detailed reckless policy decisions by the government of former president Alberto Fernández that derailed the programme and economy in the run-up to the 2023 presidential election.
IMF DEBT PROGRAMME IMF to review US$44-billion loan in key step toward new deal 30-12-2024 17:31 International Monetary Fund’s executive board will review Argentina’s current US$44-billion aid programme next month, a crucial step as President Javier Milei negotiates for a new loan.
IMF NEGOTIATIONS OVER NEW DEAL IMF: Formal talks over new deal with Argentina have begun 19-12-2024 21:09 The International Monetary Fund and Argentina have formally begun negotiations over a new loan agreement as the current programme draws to a close.
NEW IMF PROGRAMME IMF in talks with Argentina on loan to succeed US$44-billion deal 19-12-2024 14:13 International Monetary Fund confirms it has formally opened talks with President Javier Milei's government over a new loan programme to replace its existing US$44-billion deal.
ECONOMIC POLICY Milei, Caputo increasing bullish as they outline new IMF deal timeline 19-12-2024 09:50 Argentina eyes fresh accord with the International Monetary Fund in the first third of next year, with President Milei confident of strong support, both at the Fund and on trade, from incoming US president Donald Trump.
MILEI AWAITS TRUMP IMF moves goal-posts for Argentina – no definitions until April 13-12-2024 15:25 The International Monetary Fund has presented Javier Milei with two conditions which must be met before any further remittance beyond the US$44.5 billion loaned to Mauricio Macri – obtain Congress endorsement for taking on new debt and making structural changes. by Carlos Burgueño
IMF LOAN PROGRAMME Argentina ‘sure’ of new IMF deal, says it doesn’t depend on Trump 21-11-2024 14:28 IMF spokeswoman Julie Kozack says authorities in Argentina are “exploring the option of moving to a new arrangement” with the multilateral lender to replace its existing US$44-billion loan programme.
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.
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.
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 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.