News of outlook

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.

BLOOMBERG

Banco Galicia CEO: Inflation will keep battering banking returns

19-02-2021 12:42 Argentine banks took a beating last year, and the nation’s biggest lender says the industry is at risk of a repeat performance.

REGIONAL OUTLOOK

Latin America won’t see pre-virus growth until 2023, IMF says

22-10-2020 18:00 Most countries in Latin America will be unable to return to their pre-pandemic growth levels until 2023, says the IMF.

debt talks

IMF in 'initial stages' of Argentina loan talks: official

10-09-2020 18:27 The IMF is in the early phase of talks with Argentina over a new financing programme, and is gathering information on how best to help the country, confirms spokesperson.

BLOOMBERG

Suspension of local debt payments shows not all bondholders are equal

06-04-2020 16:11 Plan to stop payments on some dollar-denominated debt burns investors who put their faith in domestic bonds, improves outlook for holders of international notes.

Argentina & the IMF

IMF to hold remote consultations with Argentina amid coronavirus pandemic

03-04-2020 11:21 The government announced this week that it intends to seek a new IMF programme that will allow the existing one to be refinanced until the country can tap debt markets again. The IMF’s normal yearly check-up, an Article IV review, will now likely take place remotely.

Bloomberg

IMF cannot offer Argentina a haircut on loan, Georgieva says

17-02-2020 08:36 IMF chief rules out a haircut, but says her organisation backs Alberto Fernández administration's bid to return country to growth.

PRESIDENTIAL HANDOVER

IMF chief says Fund remains committed to Argentina

10-12-2019 23:27 Kristalina Georgieva says International Monetary Fund remains committed to Argentina as President Alberto Fernández is sworn in as new leader.

ECONOMIC INDICATORS

Inflation at 57.3%, economy to shrink 3.1% – IMF revises 2019 forecasts

15-10-2019 13:40 Fund confirms Argentina's economy shrank by 2.5% in 2018 and predicts inflation will hit 39.2% in 2020.

Global economic outlook

OECD: Trade tensions slam brakes on global economy

19-09-2019 09:41 In an update to its economic forecasts from May, the Organisation for Economic Co-operation and Development cuts global growth forecast for year to 2.9%, predicts 2.7% contraction for Argentina.

CRISIS IN VENEZUELA

IMF: Venezuelan economy to contract by further 35% this year

30-07-2019 12:36 The cumulative decline of the Venezuelan economy since 2013 will reach 65%, among the deepest five-year contractions around the world over the last half century, the International Monetary Fund has announced.

BLOOMBERG

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.”