Tag: Alejandro Werner

• Wednesday, May 26th 2021 - 08:55 UTC

  Covid-19 deals 10-year setback to Latin America income levels, IMF top official says

  

  The International Monetary Fund (IMF)'s Director of the Western Hemisphere Department Alejandro Werner has said that the current coronavirus pandemic will result in a 10-year setback to the income levels of the region.

• Thursday, February 11th 2021 - 09:45 UTC

  Argentina's goal of an IMF agreement by May, “is an ambitious timeline”

  

  Argentina is planning to reach an agreement with the International Monetary Fund (IMF) on a new restructuring program by May, an ambitious timeline according to the IMF’s Western Hemisphere Director Alejandro Werner.

• Saturday, October 24th 2020 - 08:42 UTC

  Chileans vote on Sunday to amend a constitution which has meant stability but also elitism and privilege

  

  Chileans will go to the polls on Sunday to vote on whether they want to swap a constitution written during the Pinochet dictatorship with a new document written by a specially elected citizens' body.

• Thursday, January 30th 2020 - 08:24 UTC

  IMF positively cautious about Argentina's public policies prospects

  

  Greater certainty around Argentina’s public policies could help reactivate growth and investments in the recession-hit country, the International Monetary Fund said on Wednesday.

• Monday, August 26th 2019 - 18:07 UTC

  IMF mission in Argentina looking into the books and trying to sort out the future

  

  An IMF mission is in Argentina and is going over the country's accounts with government top officials, to assess future disbursements of the US$ 57bn standby credit granted to the country, currently facing financial and political uncertainty, and on Monday are scheduled to meet with representatives from the opposition.

• Wednesday, July 31st 2019 - 09:25 UTC

  Economic decline of Venezuela since 2013 estimated at 65% by the IMF

  

  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.

• Friday, June 28th 2019 - 09:50 UTC

  IMF's financial deal with Argentina “harmful” and will be “reworked”, anticipates main opposition candidate

  

  Alberto Fernandez, the main challenger to incumbent President Mauricio Macri in October elections, said on Thursday that if elected he would seek to “rework” Argentina’s huge financing deal with the International Monetary Fund, calling it “harmful.”

• Wednesday, May 8th 2019 - 12:54 UTC

  IMF mission arrives in Argentina: Central bank policy, inflation and revenue in the agenda

  

  A new IMF mission is expected in Argentina this e Wednesday for the fourth review of the country's economic plan which is supported by a 36 month stand-by credit from the multilateral financial institution. It's the first IMF visit since Argentina's Central Bank major strategy change in the foreign exchange market to avoid another meltdown of the Argentine currency.

• Tuesday, June 5th 2018 - 06:56 UTC

  IMF/Argentina talks “very constructive”; growth estimate falls to 1.3% from 2.5%

  

  The International Monetary Fund said on Monday that talks with Argentine authorities for financial support are well advanced and the plan is driven by Argentina priorities with a particular focus on protecting the most vulnerable.

• Monday, January 25th 2016 - 10:19 UTC

  IMF praise for Argentina's measures... but forecasts 'mild recession' this year

  

  Despite the austerity policies that have been implemented by the government of President Mauricio Macri, Argentina will see a bigger than expected recession this year, the International Monetary Fund (IMF) said in a new report. The economy is set to decline 1% this year, a drop that is 0.3 percentage points larger than the previous forecast that the IMF had released in October.