Tag: Argentina - IMF 2018

• Tuesday, September 24th 2019 - 09:26 UTC

  Argentina Needs Intensive Care

  

  By Anne Krueger (*) - Argentina's President Mauricio Macri knew that he had inherited a sick economy when he took office in 2015, but failed to take his medicine. As a result, the country now has no choice but to face up to a period of painful structural adjustment.

• Tuesday, August 27th 2019 - 20:52 UTC

  IMF meets Argentine opposition leader: “constructive talks”, but the Fund is blamed for the current situation

  

  A team from the International Monetary Fund met on Monday with opposition candidate Alberto Fernandez, the front-runner for October's presidential election, according to a spokesman for Fernandez.

• Saturday, August 24th 2019 - 09:54 UTC

  IMF mission arrives to Argentina this Saturday: US$ 5.3bn disbursement to be considered

  

  Delegates from the International Monetary Fund (IMF) land in Buenos Aires Saturday as concerns about Argentina’s economy cast doubt upon the future of its record US$56 billion bailouts. The date of the trip was agreed with the Argentine central bank chairman, Guido Sandleris.

• Wednesday, August 21st 2019 - 09:56 UTC

  Stabilizing the Peso, priority of the new Argentina finance minister; markets still unconvinced

  

  Argentina's new finance minister made stabilizing the country's battered currency his top priority on Tuesday, while still pledging to meet commitments made to the International Monetary Fund, which is sending a team to Buenos Aires.

• Thursday, August 15th 2019 - 05:30 UTC

  Macri announces measures to cut taxes and prop consumption hopefully to brighten Argentine pockets

  

  Argentine President Mauricio Macri on Wednesday unveiled a package of welfare subsidies and tax cuts for lower-income workers to lessen the impact of an economic crisis just months before a re-election bid, but his announcement did not halt the peso currency's collapse.

• 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.”

• Friday, June 28th 2019 - 09:22 UTC

  Argentine president Macri meets IMF's Lagarde at the G20 summit in Japan

  

  The IMF through its spokesperson at its daily press meeting confirmed that Managing Director Christine Lagarde and her deputy David Lipton effectively met with Argentine president Mauricio Macri, and Economy minister, Nicolás Dujovne at the G20 summit in Osaka, Japan.

• Thursday, October 25th 2018 - 21:31 UTC

  Faurie in London: “Argentina is building institutions”

  

  Argentina’s Foreign Minister spoke at a conference in Chatham House about the political and economic changes happening in Latin America.

• Tuesday, September 25th 2018 - 06:59 UTC

  “Zero chance” Argentina will default on its debt next year, Macri tells bankers and investors

  

  President Mauricio Macri said on Monday that Argentina was close to a deal with the International Monetary Fund to bolster a US$ 50 billion credit line, while a government source said US$ 3-US$ 5 billion in additional funds could be announced this week.

• Tuesday, September 25th 2018 - 06:51 UTC

  Macri announced in New York that he will run for reelection next year

  

  Argentine president Mauricio Macri said on Tuesday in New York addressing a meeting with potential investors that he was prepared to run for reelection next year, and that there will be no change of course, “there is no plan B”.