News of programme

'Food for the soul:' caring for elderly left behind in Venezuela exodus

21-02-2023 10:16 The CONVITE NGO is helping to take care of Venezuela's elderly – thousands of them abandoned amid an exodus of younger people seeking better lives elsewhere, with little help from the country's "precarious" elderly care system. 

IMF board approves US$6 billion in fresh funds for Argentina

23-12-2022 00:50 International Monetary Fund announces that its board of directors has signed off on third review of Argentina's debt assistance programme and releases new US$6-billion disbursement of funds.

IMF urges Argentina against ad-hoc FX policy with 100% inflation

14-10-2022 10:40 With inflation forecasts reaching 100% for the year, IMF Western Hemisphere Director Ilan Goldfajn cautions Argentine officials against “different FX measures or prices."

‘Doing well’ – IMF chief backs Argentina's course in meeting with president

19-09-2022 17:05 IMF Managing Director Kristalina Georgieva briefs media on “excellent” meeting with President Alberto Fernández; Reiterates praise for Economy Minister Sergio Massa, declaring: “Three ministers, one programme.”

by Rosario Ayerdi

Inflation, export duties and IMF: Silvina Batakis’ economic definitions

06-07-2022 23:00 Martín Guzmán’s successor considers that the escalation of prices is a multi-causal phenomenon and defends strong state regulation of the economy. For her, “wages must run ahead of inflation.”

Argentina's subsidy cuts mired in doubt under new minister

06-07-2022 22:14 Several analysts insist that a question mark hangs over Silvina Batakis’ commitment to spending cuts penned by Martín Guzmán and the IMF.

Price control chief quits in latest sign of infighting

24-05-2022 09:41 Resignation of Domestic Trade Secretary Roberto Feletti is the latest sign of infighting over the government’s economic strategy as annual inflation approaches 60 percent.

IMF: Targets in Argentina’s debt deal ‘have not changed’

19-05-2022 16:09 Fund Spokesperson Gerry Rice says staff are making “good progress” in review of debt restructuring deal, but that its “objectives have not changed.”

Argentina extends Paris Club talks over US$2 billion to June 30

23-03-2022 14:02 Argentina reaches an agreement Tuesday with a group of wealthy nations known as the Paris Club to finalise by June 30 a repayment programme on US$2 billion of debt. 

Argentina to resume Paris Club talks over US$2-billion debt

22-03-2022 15:50 Argentina is resuming negotiations this week with a wealthy group of nations known as the Paris Club over US$2 billion in outstanding debt as a grace period ends. 

UK PM Boris Johnson ends Covid rules in England in major policy shift

21-02-2022 14:38 Boris Johnson confirmed coronavirus rules will end in England, a significant boost to the UK prime minister as he announced the first major Western economy to scrap government restrictions relating to the pandemic.

Inflation reached 3.9% in January, lifting annual rate to 50.7%

15-02-2022 22:08 Consumer prices rose 3.9% in January as inflation accelerated for a second straight month, the INDEC national statistics bureau reported on Wednesday.

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.

Andrés Manuel López Obrador calls on IMF to offer 'fair' deal to Argentina

21-01-2022 23:05 Andrés Manuel López Obrador calls on IMF to take "responsibility" for 2018 loan to Macri's government, which Mexican leader says "aggravated" Argentina's economic and financial crisis.

Argentina’s bonds slump below 30 cents on doubts over IMF deal

21-01-2022 18:18 Argentine bonds are testing new lows as concern grows that the government will struggle to reach a refinancing deal with the International Monetary Fund before large payments come due in March.

Fernández accuses IMF of seeking to ‘impose austerity’ on Argentina

11-01-2022 11:04 President Alberto Fernández accuses IMF of seeking to “impose” a programme of “austerity” on Argentina that would limit future growth.

Argentina's president says IMF is trying to impose a programme

11-01-2022 10:09 Alberto Fernández said Monday that the International Monetary Fund is trying to impose a new programme in the country.

Argentina says IMF economic plan would derail its recovery

05-01-2022 21:10 Economy Minister Martín Guzmán says economic plan proposed by the IMF as part of a US$40-billion debt renegotiation would derail the country’s recovery. 

Argentina's opposition refuses to attend meeting on IMF talks

04-01-2022 14:28 Leaders from Argentina’s top opposition bloc indicated that they won’t be attending the government’s meeting at the presidential palace on Wednesday to discuss the state of negotiations with the International Monetary Fund.