Argentine President Alberto Fernández Wednesday expressed his gratitude to his French colleague Emmanuel Macron for the latter's support with regards to debt renegotiations with the International Monetary Fund (IMF) and the Paris Club.
Argentine Economy Minister Martín Guzmán stepped ahead from President Alberto Fernández's European tour and flew to Rome Wednesday to meet with International Monetary Fund Deputy Director for the Western Hemisphere Julie Kozak.
Argentina's Central Bank Friday announced the yearly inflation for 2021 was expected to reach 46%, while figures for the past month of March were around 3.9%. The official peso/US dollar exchange rate was foreseen at $ 115/ US$ 1 by the end of this year.
International Monetary Fund (IMF) Director Kristalina Georgieva Wednesday admitted the rates Argentina is currently paying will be subject to review, at the request of the South American country.
Argentine Vice-president Cristina Fernández de Kirchner Wednesday headed a ceremony in Las Flores, a small town in the province of Buenos Aires, to mark a new anniversary of the coup d'état by the military Junta which overthrew the democratically elected government of Juan Perón's widow, María Estela Martínez (also known as Isabel Perón or simply Isabelita).
Argentina's Economy Minister Martín Guzmán and International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Tuesday met in Washington to discuss the renegotiation alternatives to the 2018 u$s 57 billion loans brokered by the administration of then-President Mauricio Macri.
Argentina's Economy Minister Martin Guzmán traveled to New York on Wednesday night to meet investors before heading to Washington for talks with the International Monetary Fund, a government source said.
The World Bank Board of Directors approved a US$ 300 million loan to expand and improve water and sanitation services in Metropolitan Buenos Aires, particularly in the most vulnerable areas. An additional US$ 120 million will be available for the construction of social housing, benefiting nearly 10,000 inhabitants of Buenos Aires Province.
By Arturo Porzecanski (*) The following was published in the Americas Quarterly, a contribution from a leading emerging-market economist writes. The seeds for the latest chapter in Argentina’s long history of confrontations with the International Monetary Fund were planted about a year ago, on the eve of the global pandemic.
Creditors have criticized the current Argentine government of the country for what it describes as erratic economic policies claiming they are impeding growth and weighing on bond prices five months after the government restructured some US$ 65 billion in foreign bonds.