By Alejandro Werner (*) - The author thanks Ignacio Albe, Olivier Blanchard, Martina Copelman, Joseph Gagnon, José de Gregorio, Patrick Honohan, Douglas Irwin, Maurice Obstfeld, and other PIIE colleagues for their comments and suggestions.
Add your comment!An International Monetary Fund (IMF) team landed in Buenos Aires Wednesday to discuss Argentina's eligibility for a US$ 11 billion new loan to make up for the South American country's currently negative reserves. The mission is headed by the IMF's Western Hemisphere Department Deputy Director Luis Cubeddu.
Add your comment!The latest International Monetary Fund (IMF) report on Argentina highlighted that the targets for reserve accumulation, fiscal deficit, and monetary financing of the deficit were missed “by wide margins.” As a result, imbalances have increased, so “further expenditure control will be needed throughout the election period.” The 1.9% GDP fiscal deficit target remained unchanged.
Argentine presidential hopeful Javier Milei of La Libertad Avanza Wednesday confirmed he would be holding a virtual conference with International Monetary Fund (IMF) authorities on Friday. The single most-voted candidate in last Sunday's Open, Mandatory, and Simultaneous Primary (PASO) elections said he would be joined by his “economic council.”
Argentina's Economy Minister Sergio Massa and International Monetary Fund (IMF) Managing Director Kristalina Georgieva held a bilateral meeting this weekend at the Indian city of Bengaluru where arrangements were being made for the G20 Summit of heads of state and government later this year.
Argentina's Superminister Sergio Massa and International Monetary Fund (IMF) Managing Director Kristialina Georgieva Monday reached an agreement for a US$ 4 billion loan for the country's Central Bank (BCRA).
International Monetary Fund (IMF) Managing Director Kristalina Georgieva congratulated Argentina's Economy Minister Serio Massa on his appointment and ratified the agency's support for the country's recovery, it was reported Wednesday.
Argentine President Alberto Fernandez sent International Monetary Fund (IMF) Managing Director Kristalina Georgieva a message explaining the cabinet reshuffle currently underway.
A recent report by the International Monetary Fund (IMF) has underlined the fact that Argentina has a larger proportion of citizens earning pensions when compared to other countries in the world.
Argentine President Alberto Fernández Tuesday appeared before the Glasgow Climate Change COP26 Summit with the same proposal he made days earlier in Rome during the G20 Summit.