MercoPress, en Español

Montevideo, May 25th 2022 - 04:04 UTC

Tag: Argentine debt

  • Wednesday, May 11th 2022 - 20:36 UTC

    US Ambassador compliments Argentine gov't

    President Fernández is “taking this ship to a good port,” Stanley said.

    The United States Ambassador to Buenos Aires was full of praise for Economy Minister Martín Guzmán's handling of the recent deal between Argentina and the International Monetary Fund (IMF), saying “the work he did was impressive.”

  • Tuesday, May 3rd 2022 - 09:55 UTC

    Argentina's Economy Minister in President Fernández's Achilles tendon

    Guzmán's agreement with the IMF needs reviewing because it was based on inflationary projections which have already fallen short of reality's figures

    As Argentina's inflation continues to grow with no end in sight and the news is that guidelines agreed upon with the International Monetary Fund (IMF) already need to be reviewed because they were based on a CPI that is no longer attainable, Economy Minister Martín Guzmán is beginning to take flak from friends and foes alike, casting doubts on his chances of remaining in office.

  • Thursday, April 21st 2022 - 09:59 UTC

    IMF: inflation is Argentina's main threat

    Some of the global changes are good for Argentina, Georgieva pointed out

    International Monetary Fund (IMF) Managing Director Kristalina Georgieva Wednesday said the greatest risk facing Argentina was inflation. She made those remarks during a speech at the Joint Assembly of the IMF and the World Bank in Washington, DC.

  • Saturday, April 2nd 2022 - 09:55 UTC

    Argentina focused on ties with US

    “We worked to continue strengthening the development of economic cooperation opportunities between our nations,” Minister Guzmán said

    Argentina's Economy Minister Martín Guzmán met Friday with US Ambassador Marc Stanley at the Treasury Palace in Buenos Aires to discuss the bilateral agenda regarding cooperation between the two countries.

  • Tuesday, March 29th 2022 - 09:24 UTC

    Argentine Senators launch bid to tax assets abroad and pay off the IMF

    Those who do not comply with the payment of this contribution might risk going to prison

    Argentina's ruling Frente de Todos (FdT) lawmakers Monday suggested a new tax on assets and money not declared to the local Treasury and kept abroad be levied in order to pay the country's debt with the International Monetary Fund (IMF).

  • Friday, March 25th 2022 - 16:09 UTC

    IMF Board unanimously approves Argentina deal

    Illan Goldfajn will be responsible for Argentina's compliance with the agreement

    The International Monetary Fund's board of directors Friday approved unanimously the latest US$ 45-billion program signed with Argentina, with which the South American country has avoided default.

  • Wednesday, March 23rd 2022 - 09:40 UTC

    President Fernández, Georgieva hold talk ahead of IMF's board vote

    President Fernández told Georgieva that the deal had received “broad parliamentary support.”

    Argentine President Alberto Fernández Tuesday held a virtual meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, during which he ratified his Government's commitment to the new program agreed upon.

  • Tuesday, March 15th 2022 - 09:39 UTC

    The IMF understanding does not solve Argentina's problems, “it's only a breathing space”

    The “Soy King” pointed out that ”IMF agreed to kick the problem down the road to see if in Argentina we finally decide to make certain transformations

    Gustavo Grobocopatel, one of Argentina's most successful farming businesspeople said that the understanding reached with the IMF does not solve the country's problems, IMF merely agreed “to kick the can down the road” and give Argentina time to change its production matrix.

  • Monday, March 14th 2022 - 20:39 UTC

    Argentine gov't eyes soybean exports as a source of financing

    Increasing export duties would be a result of the deal with the IMF

    The government of Argentine Sunday decided to shut down all registrations for new soybean oil and soybean meal exports “until further notice,” it was announced. Authorities are also said to be planning a 2% rise to export taxes of industrial by-products, to level it up with the 33% charged to soybeans.

  • Monday, March 14th 2022 - 20:27 UTC

    Puebla Group supports Argentina's agreement with the IMF

    “The debt contracted during the neoliberal government of Mauricio Macri has brought enormous consequences to the Argentine people,” the PG pointed out

    World leaders gathered under the Puebla Group have expressed their support to Argentine President Alberto Fernández for the deal reached with the International Monetary Fund (IMF) and for its “overwhelming approval in Congress.”