News of international monetary fund

IMF projects stronger 2021 growth amid pandemic rebound

06-04-2021 11:01 IMF forecasts that recession-hit Argentina's economy will grow by 5.8% this year, with global GDP expected to rebound 6% overall.

Guzmán: IMF credit line deal will not be finalised before May

05-04-2021 10:28 Economy Minister Martín Guzmán says a plan with the International Monetary Fund to repay US$45 billion in debt won’t be finalised by May or June.

IMF’s woes in Latin America set to grow after Ecuador vote

09-02-2021 17:01 IMF risks having to renegotiate its second multi-billion dollar loan in Latin America in as many years following Ecuador’s presidential election.

IMF boosts world growth outlook as vaccines outweigh risks

26-01-2021 12:32 IMF improves forecast for global growth this year to 5.5%, betting the rollout of coronavirus vaccines and more fiscal stimulus will offset the immediate challenge posed by the resurgent pandemic.

Oxfam says IMF loans force spending cuts that exacerbate poverty

12-10-2020 12:39 The vast majority of International Monetary Fund loans extended during the Covid-19 pandemic have suggested or demanded spending cuts that would worsen poverty and inequality, charity group Oxfam says.

Guzmán: Argentina wants IMF deal with no payments until 2024

13-09-2020 22:50 Economy minister says Argentina wants to delay all IMF loan repayments until 2024 at the earliest in interview with La Nación.

IMF chief Georgieva: Argentina faces a particularly 'difficult' moment

16-04-2020 08:42 "It is really a difficult time for everyone, but in particular, it is difficult for countries that entered this crisis facing already complex challenges," says IMF chief Kristalina Georgieva.

IMF chief predicts worst economic downturn since Great Depression

09-04-2020 22:32 IMF Managing Director Kristalina Georgieva says it's clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.

Cristina raises stakes for Argentina's crucial talks with IMF

15-02-2020 09:17 Vice-president lays into IMF, as government officials welcome mission team to Argentina.

US warns Argentina that IMF deal is threatened by ties with leftist allies

02-01-2020 21:03 Senior Trump administration official tells Bloomberg that sheltering Evo Morales and engaging with Nicolás Maduro crosses a red line – and it could cost Argentina investment in the Vaca Muerta shale fields.

Why Venezuela will influence Argentina’s IMF talks

04-11-2019 17:07 An imposing debt load and uncertainty about his economic policies already limit Alberto Fernández’s room for a renegotiation of the record IMF credit line, but his views on the Venezuelan regime of Nicolás Maduro are also softer than those of outgoing Mauricio Macri.

US tells Fernández it expects him to 'uphold commitments' in IMF deal

31-10-2019 09:56 US Treasury Secretary Steven Mnuchin tells incoming government that Washington expects Argentina to uphold its commitments laid out in IMF loan package.

Back in black

14-09-2019 00:52 It’s obvious that the president’s economic philosophy is as far possible from currency controls and interventionism of financial markets as possible.

by Agustino Fontevecchia

Argentina’s newest incarnation of crisis puts IMF under fire

14-09-2019 00:31 The IMF, which last year approved a record US$57-billion loan for Argentina in exchange for sweeping economic reforms, is in the eye of the storm after President Mauricio Macri suffered a crushing defeat in the August 11 primary elections.

Braxit, as well as Brexit? Mercosur and Argentina

31-08-2019 01:00 It might be an exaggeration to talk of “Braxit” but Brazil has been conveying the impression that it has outgrown Mercosur throughout this century and not just now.

by Michael Soltys

Pichetto: 'Words like 'irreversible' are too rigid for Argentine politics.'

31-08-2019 00:55 From Peronist Senate stalwart to vice-presidential candidate. President Mauricio Macri’s running-mate, Miguel Ángel Pichetto explains why Juntos por el Cambio can still win in October.

by Jorge Fontevecchia

Standard & Poor's confirms 'B' rating for Argentina

02-08-2019 10:14 "We are affirming our long-term foreign currency and local currency ratings on Argentina at 'B' and our short-term foreign and local currency ratings at 'B'," the agency said.

Moody’s puts Argentina on negative outlook on uncertainty

15-07-2019 08:34 Ratings company shifts outlook from stable to negative, citing rising uncertainty about economic policy and risk of additional “damaging currency shocks.”