Tag: Argentine debt

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

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

  

  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

  

  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

  

  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”

  

  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

  

  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

  

  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.”

• Tuesday, March 8th 2022 - 09:55 UTC

  “Nobody is happy with the IMF understanding, we all despise the Fund,” Argentine president

  

  Argentine president Alberto Fernandez admitted “nobody is happy” with the latest understanding reached with the International Monetary Fund, but under no circumstances does it condition the Argentine government economic policy, finally confessing he “despises” the IMF.

• Thursday, March 3rd 2022 - 09:55 UTC

  IMF deal draft due at Argentine Congress Thursday

  

  Argentina's Finance Ministry looked all set Wednesday to send over to Congress the intended deal with the International Monetary Fund (IMF), it was reported. But it was still unclear how things would play out since the ruling Frente de Todos does not have an absolute majority in either House.

• Wednesday, March 2nd 2022 - 09:55 UTC

  Argentine president says IMF deal being fine-tuned

  

  Argentine President Alberto Fernández Tuesday said his country was still fine-tuning details of an agreement with The International Monetary Fund (IMF) regarding the repayment of a US $ 44 bn loan taken during the Mauricio Macri administration.

• Saturday, February 19th 2022 - 10:06 UTC

  IMF says draft of deal with Argentina almost ready

  

  A high-ranking International Monetary Fund (IMF) official Friday announced a full deal with Argentina “is very close,” as the Government of President Alberto Fernández hopes it will be next week, so that it can be put up for Congressional approval at the start of the new Legislature, March 1.