News of loan

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.

Pope voices concern over missing seven-year-old

15-01-2025 13:58 Pontiff expresses fears over disappearance of Loan Danilo Peña, the young boy who went missing in Corrientes seven months ago, noting hypothesis that child was “taken away to extract his organs for transplants.”

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.

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.

Disappearance of Loan Danilo Peña

Multiple leads, conflicting accounts – Loan Danilo Peña, missing three months

13-09-2024 15:10 Five-year-old Loan Danilo Peña went missing on June 13 in Nueve de Julio, Corrientes Province, after lunch with his extended family. Argentina’s courts have investigated various leads but have yet to produce a solid hypothesis to explain his disappearance. Three months on, where is Loan?

by Federico Perez Vecchio

LOAN CASE

‘We can’t be sure we'll find Loan,’ says judge about missing five-year-old

28-08-2024 14:04 More than 75 days after five-year-old Loan Danilo Peña disappeared in Corrientes Province, Judge leading the case says child may not be found alive.

Disappearance of Loan Danilo Peña

Two months since Loan disappeared – how the case continues

14-08-2024 12:11 Seven people remain in jail accused of a link to the boy’s abduction, while Judge Cristina Penzo hears key testimony from the boy’s relative.

SEARCH FOR FUNDS

Argentina discusses raising US$1 billion through Santander

07-08-2024 19:34 President Javier Milei’s government in talks with Banco Santander for potential loan ahead of debt payment.

CRIME & SECURITY

Investigation into of disappearance of five-year-old takes disturbing twist

11-07-2024 21:10 Hundreds of protesters join father of missing child Loan Danilo Peña for demonstration in Buenos Aires as police sources in Corrientes discover child pornography on the mobile phone of their prime suspect.

POLITICS – ANALYSIS

Milei under pressure for the first time

06-07-2024 05:59 If the doubts regarding Milei’s capacity to preside over Argentina were tied to governability risk, Caputo’s are connected to credibility risk: it’s difficult to see how the current policy framework can be sustainable in time.

by Agustino Fontevecchia

LOAN CASE

Corrientes: the province of lost children

05-07-2024 10:07 The disappearance of Loan Danilo Peña has drawn fresh attention to other children who vanished in the northeastern province of Corrientes and never reappeared. As well as the missing five-year-old, there are at least three other well-known cases from the last 20 years. Argentina is still monitored by the United States given its lack of policies to combat human-trafficking.

Disappearance of Loan Danilo Peña

Aunt of missing five-year-old child Loan testifies he was ‘run over’

29-06-2024 15:23 Confession delivers unexpected twist in missing child case; Loan Danilo Peña, last seen two weeks ago, was “run over” by ex-Navy officer Carlos Pérez and ex-municipal employee María Victoria Caillava, says aunt; Police believe body may have been buried in cover-up.

Editorial

When Loan is a national debt

29-06-2024 04:22 On the nationwide clamour for the reappearance of a missing child.

CRIME & SECURITY

‘All available resources’ deployed in search for find missing five-year-old

27-06-2024 18:14 Unsuccessful search for Loan Danilo Peña in Corrientes Province amid suspicions of child-trafficking; “Culprits” will pay, declares Patricia Bullrich as lead suspects are moved to jails in Salta and Chaco; President Milei meets Security minister for update on search.

Disappearance of Loan Danilo Peña

Milei dispatches security minister amid furore for missing child

25-06-2024 22:59 Patricia Bullrich announces national government will lead the search and investigation for Loan Danilo Peña, the five-year-old boy who went missing 12 days ago in Corrientes Province.

Disappearance of Loan Danilo Peña

Bullrich cancels trip to Paraguay after meeting over child's disappearance

25-06-2024 11:36 Security Minister cancels trip to Paraguay after meeting with police official from neighbouring country; She will instead travel to Goya, close to where five-year-old Loan Danilo Peña went missing on June 13.

Disappearance of Loan Danilo Peña

Security minister travels to Paraguay as Argentina hunts for missing five-year-old

24-06-2024 16:59 The Security minister will travel to the neighbouring country on Tuesday. The detainees will be charged with human trafficking. Loan Danilo Peña, aged 5, was last seen on Thursday 13 in the town of 9 de Julio, Corrientes.

IMF DEBT PROGRAMME

IMF endorses Milei austerity, paves way for new funds

13-05-2024 13:05 Multilateral lender signs off on eighth review but says Milei government has put US$44-billion programme “firmly back on track”; Argentina to receive US$800 million in funds to make upcoming loan payment.

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.

INTERNATIONAL MONETARY FUND

IMF hails Argentina’s ‘impressive’ progress under Milei

04-04-2024 19:27 Progress made by Milei administration is "impressive" but "the road to stabilisation is never easy," says IMF Communications Director Julie Kozack.

IMF DEBT PROGRAMME

Milei wins IMF approval for US$4.7-billion Argentina disbursement

31-01-2024 20:29 International Monetary Fund signs off on US$4.7-billion loan disbursement to Argentina.

IMF DEBT PROGRAMME

IMF staff show support for Milei’s 'ambitious stabilisation plan'

10-01-2024 22:04 Staff-level agreement paves the way for a new disbursement of US$4.7 billion in funds from Argentina’s "fallen" programme, says Economy Minister Luis Caputo.

INTERVIEW / PERIODISMO PURO

Alejandro Werner: ‘Trump would’ve backed Fernández and Biden would’ve Macri’

02-09-2023 06:17 Former Western Hemisphere director for the International Monetary Fund and ex-Mexico government official Alejandro Werner on Argentina’s programme, political backing from Washington and the country’s troubled relationship with the multilateral lender.

by Jorge Fontevecchia

IMF DEBT PROGRAMME

Argentina expects IMF to approve US$7.5-billion disbursement

22-08-2023 16:36 Economy Minister Sergio Massa expects the International Monetary Fund to approve a fresh US$7.5-billion disbursement to Argentina on Wednesday.

IMF DEBT DEAL

Argentina gets US$775-million loan from Qatar to repay IMF

04-08-2023 04:38 Argentina is paying the International Monetary Fund with help from Qatar, the latest creative accounting measure by the government intended to honour its debt obligations.

ECONOMIC WOES

Brazil sees Argentina in urgent need of another bailout

30-05-2023 16:30 Lula's economic team considers that Argentina will soon need some sort of additional financial support, though details are not yet finalised.

IMF DEBT PROGRAMME

Massa: IMF sees drought is ‘game-changer’ for Argentina

11-05-2023 16:48 International Monetary Fund spokesperson gives little away about talks over redrawing of multi-billion-debt deal in wake of historic drought, rebuffing questions from reporters over whether delivery of funds will be brought forward.

IMF DEBT PROGRAMME

IMF board approves US$5.3-billion loan disbursement for Argentina

31-03-2023 19:48 International Monetary Fund’s executive board on Friday approved a US$5.3-billion disbursement to Argentina, a key step forward in the government’s programme that’s faced setbacks amid a worsening economic outlook.