News of progress

Argentina receives US$9.7B after IMF board signs off on debt deal

25-03-2022 20:36 IMF chief Kristalina Georgieva warns that “risks” lie ahead, concedes “early recalibration” of programme may be necessary.

IMF approves Argentina’s US$45-billion deal already facing risks

25-03-2022 16:40 The International Monetary Fund has approved Argentina’s US$45-billion agreement, the final step to cement a deal that’s already facing economic and political challenges. 

Senate set to open debate on government's IMF bill

13-03-2022 21:25 IMF bill due to reach Senate Budget Committee on Monday, with the ruling coalition wanting it approved by the end of the week.

Fernández de Kirchner hits out at ‘paradoxical’ attack on her Senate office

11-03-2022 16:40 Vice-president and Senate chief expresses dismay at "paradoxical" attack on her Senate office during protests against government's International Monetary Fund debt bill.

Lower house prepares to vote on IMF deal, approval likely

10-03-2022 23:16 Argentina's lower house on track to approve government's deal to restructure its US$45-billion debt with the International Monetary Fund in a session just after midnight; Senate still to vote; Protesters clash with police during demonstrations against deal outside Congress.

Government asks Congress to speed through passage of IMF deal

08-03-2022 21:17 President Alberto Fernández's government calls on Congress to "speed up" the treatment of its bill to refinance Argentina's US$45-billion debt with the International Monetary Fund.

Government posts IMF bill documents ahead of Congress debate

04-03-2022 22:58 Argentina on Friday released the text of a memorandum of understanding and accompanying documents that are part of the agreement it has reached with International Monetary Fund.

Details of the IMF agreement that the government has sent to Congress

04-03-2022 18:22 Agreement foresees Argentina registering inflation of up to 48% this year, economic growth of 4.5% and receiving IMF disbursements of more than US$24 billion until end of 2022.

Argentina has reached a deal with IMF staff, says president

01-03-2022 22:01 President Alberto Fernández announces government has reached an agreement with the staff of the International Monetary Fund on details needed to refinance the country’s loan with the Washington organisation.

IMF and Argentina engaged in ‘intense negotiations,’ says Fund official

18-02-2022 20:54 Government wants to send a bill to Congress containing details of a new IMF financing programme “before March,” according to Casa Rosada sources.

Government, opposition tell IMF Argentina is ready to ‘meet its obligations’

12-02-2022 09:59 Rare signs of unity as Frente de Todos and Juntos por el Cambio indicate they will support IMF agreement in Congress; Fund spokesman says staff are working closely with government officials to secure new financing deal "as quickly as possible."

by James Grainger

Sergio Chodos: ‘The 2018 agreement left us Argentines with nothing’

11-02-2022 00:01 Executive Director for the Southern Cone at the IMF explains in detail how the agreement was reached, anticipating some of the fine print and unfolding the government’s economic vision.

by Jorge Fontevecchia

Guzmán seeks IMF support in Russia

04-02-2022 23:01 Argentina seeks Russian support for inclusion in the distribution of the special drawing rights of developed countries at IMF.

IMF chief: No alternative to deal with Argentina

04-02-2022 18:41 IMF Managing Director Kristalina Georgieva warns that there is “no alternative” to Argentina's pending agreement with the Washington-based crisis lender, warning that country’s struggle with inflation and poverty will worsen without a deal.

Resignation throws doubt on Argentina's IMF agreement

02-02-2022 14:11 A dose of uncertainty has been injected into the market after Máximo Kirchner's resignation highlights opposition to IMF deal within the ruling coalition.

Four keys to understanding what was agreed with the IMF

29-01-2022 11:49 The government's flurry of announcements, press conferences and messages of support hasn't answered all the questions.

Guzmán confirms details of Argentina's new IMF debt agreement

28-01-2022 14:15 Under the new deal, Argentina has committed to progressively reducing its fiscal deficit from 3% in 2021 to just 0.9% in 2024.

IMF: 'Understanding' reached with Argentina, more work to be done

28-01-2022 13:55 IMF confirms it has reached a deal with Argentina on massive loan repayment, though the Washington-based crisis lender stresses further approvals are needed before agreement has been saved.

IMF hopes for 'progress' soon in talks with Argentina

25-01-2022 15:24 IMF hopes to see a breakthrough in negotiations for a new programme with Argentina “in the next days,” according to Fund official.

Blinken meets Pope Francis, speaks to Vatican on Venezuela

28-06-2021 15:07 US Secretary of State Antony Blinken discusses crisis-torn Venezuela with Argentine pontiff during meeting at the Vatican.