Tag: Argentine debt

• Wednesday, October 13th 2021 - 09:52 UTC

  Argentine Economy Minister and IMF Director hold meeting in Washington DC

  

  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.

• Thursday, September 23rd 2021 - 09:52 UTC

  Argentina makes payment to IMF and strives to stay afloat

  

  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.

• Tuesday, September 21st 2021 - 09:37 UTC

  Argentine President appoints new ministers; measures coming up in coming days

  

  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.

• Tuesday, September 21st 2021 - 08:46 UTC

  Argentina will pay IMF US$ 1,9bn plus interests on Wednesday, but no budget funds contemplated in 2022

  

  In the midst of the critical situation that emerged following the results of Sunday 12 September primary election, and the cabinet reshuffle a week later, the government of Argentine president Alberto Fernandez nevertheless confirmed that this week it will honor a US$ 1,9bn repayment plus interests to the IMF.

• Thursday, July 22nd 2021 - 09:46 UTC

  Argentina's economy continues to shrink, but some analysts see recovery imminent

  

  Argentina's Gross Domestic Product (GDP) has fallen 0.7% so far in 2021, which in addition to declines in 2018, 2019 and 2020, has led the country's economy to historic lows.

• Saturday, July 10th 2021 - 09:15 UTC

  Argentine Economy Minister wants common tax on multinational companies higher than 15%

  

  Argentina's Economy Minister Martín Guzmán Friday requested that a global tax to be applied to multinational companies was higher than the 15% put forward by the Organization for Economic Cooperation and Development (OECD).

• Friday, June 25th 2021 - 17:45 UTC

  Argentine shares on Wall Street plummet following MSCI downgrading

  

  Friday dawned in Wall Street with the news that MSCI had decided to demote Argentina's economy two notches, from Emerging to Stand Alone and what Buenos Aires analysts feared by Thursday evening has become true.

• Friday, June 25th 2021 - 16:09 UTC

  Argentina downgraded to “independent market” in MSCI ratings

  

  MSCI, formerly Morgan Stanley Capital International, a US company that measures stock performances worldwide to advise potential investors on their decisions, has removed Argentina from their various listings and added it to the dishonourable category of “stand-alone” economies.

• Wednesday, June 23rd 2021 - 09:46 UTC

  Argentina skips default thanks to agreement with Paris Club

  

  Argentina's Economy Minister Martín Guzmán Tuesday announced that the Paris Club had agreed to give his country until March 31, 2022, to pay the US $ 430 million in instalments while the rest of the debt is renegotiated.

• Tuesday, June 1st 2021 - 09:43 UTC

  OECD foresees Argentina's economy will recover but still below pre-pandemic levels

  

  The Organization for Economic Cooperation and Development (OECD) forecast that Argentina's economy will expand in 2021 and 2022, but will nonetheless remain way below pre-pandemic levels, according to its semi-annual report on World Economic Outlook released Monday in Paris.