Argentine ambassador in Washington, Jorge Argüello has reported he received the visit of British economist Ben Kelmanson, appointed the new IMF Senior resident representative in Argentina, who will be involved in the delicate debt negotiations for the coming years.
Argentine President Alberto Fernández and Economy Minister Martín Guzmán agreed not to give in to additional demands from the International Monetary Fund (IMF) regarding the US $ 44 billion loan from the previous national administration.
President Alberto Fernández Friday said his country will not accept any imposition which may put growth at risk when negotiating with foreign creditors. The Argentine head of state made those remarks from a stage in front of Casa Rosada he shared with former Presidents José Mujica of Uruguay, Luiz Inácio Lula Da Silva of Brazil and Cristina Fernández de Kirchner, Argentina's current Vice President.
Argentina Friday paid Paraguay US $ 19 million for overdue Yacyretá energy, Nicanor Duarte Frutos, head of Paraguay's side within Yacyretá's Binational Entity (EBY) announced.
Uncertainty and lack of confidence in Argentine politics is not only reflected with ballots in the polls. In effect despite all the limitations and clamps to the purchase of US dollars, limited to 200 per individual, per month and with a bank account, during October some 762,000 Argentines purchased US$ 137 million.
Argentine Economy Minister desperately needs to reach an agreement with the International Monetary Fund (IMF) this week, because the Central Bank (BCRA) has only US $ 800 million left in cash with which to intervene in the local exchange market, which is pressing for a devaluation.
Marc R. Stanley, the man chosen by US President Joseph Biden to become the next Ambassador to Buenos Aires, Tuesday said at his confirmation hearing before the Senate that the South American country needs an economic plan regarding its foreign debt.
Argentine Economy Minister Martín Guzmán Tuesday met in Washington DC with International Monetary Fund Managing Director Kristalina Georgieva to further discuss renegotiations of the country's US $ 45 billion debt.
While Argentine President Alberto Fernández described his country's situation facing the International Monetary Fund (IMF) as “decide” before the United Nations, a US 1,885 million dollar capital payment was made Wednesday to the global organization.
Argentine President Alberto Fernández Monday took the oath of office to the new members of his cabinet, with whom he intends to reconfigure his Government following a resounding loss at September 12's Mandatory, Open and Simultaneous (PASO) elections and its following political crisis.