Tag: Gerry Rice

Friday, February 26th 2021 - 13:54 UTC
IMF admits discussions with Argentina continue but no meeting planned for May

IMF has no date yet set for its next visit to Argentina to discuss replacement to a failed 2018 program, a spokesman for the Fund advanced on Thursday. The parties could next meet in Washington soon, as Argentine Economy Minister Martin Guzman will visit the U.S. capital next month, according to Buenos Aires sources.
Tuesday, February 16th 2021 - 09:02 UTC
Argentina's October midterm elections condition IMF debt deal

Argentina’s powerful vice-president Cristina Fernández de Kirchner and her allies in the leftwing administration want to postpone a crucial US$ 44bn debt deal with the IMF until the pandemic has eased, officials said, avoiding painful spending cuts before October’s midterm elections.
Friday, January 15th 2021 - 09:39 UTC
Argentina and IMF resume discussions and “fresh funds” could be included in the package

The International Monetary Fund expects the pace of its ongoing discussions with Argentine authorities to accelerate in coming weeks, IMF spokesman Gerry Rice said on Thursday.
Friday, December 4th 2020 - 09:40 UTC
IMF and Argentina discussions “very fluid and constructive”, but no date for closing a new deal

Negotiations between the International Monetary Fund and Argentina over a new IMF loan program are “very fluid and constructive,” with Argentine officials expected to come to Washington in the coming days for more talks, IMF spokesman Gerry Rice said on Thursday.
Friday, May 22nd 2020 - 08:37 UTC
IMF optimistic Argentina and creditors can reach an agreement

The International Monetary Fund expressed optimism that Argentina can reach an agreement with private creditors “to establish a sustainable path in the future” when the government of President Alberto Fernandez formally extended the deadline term to reach an understanding on the US$ 67 billion debt.
Friday, February 28th 2020 - 07:55 UTC
IMF mission arrives in Buenos Aires next Monday to continue negotiations

The International Monetary Fund will send another mission to Argentina to continue debt strategy talks and discuss “next steps,” IMF spokesman Gerry Rice said on Thursday, as the country seeks to renegotiate its US$ 57 billion financing package.
Friday, February 14th 2020 - 20:46 UTC
Cristina Fernández/IMF controversy over the Fund's responsibility in Argentina' flight of capital

Argentine vice-president Cristina Fernandez de Kirchner insisted in her criticism of the IMF for the alleged violation of its statutes by awarding the previous Argentine administration of president Mauricio Macri a disproportionate credit, despite the fact the Fund rejected the accusation and ratified that no debt shaving is possible under its rules.
Friday, September 13th 2019 - 11:47 UTC
IMF remains strongly engaged with Argentina; meeting with officials scheduled for later this month

The International Monetary Fund is continuing talks with Argentina as authorities there try to stem spiraling economic problems in Latin America’s third-largest economy, IMF spokesman Gerry Rice told reporters on Thursday.
Thursday, August 29th 2019 - 09:49 UTC
IMF held “productive talks” in Argentina and is analyzing the impact of the latest debt operation announced

The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina’s Treasury Ministry on Wednesday, an IMF spokesman said. IMF staff understands that Argentina has taken “important steps” to address liquidity needs and safeguard reserves, the statement by IMF spokesman Gerry Rice said.
Wednesday, August 21st 2019 - 09:56 UTC
Stabilizing the Peso, priority of the new Argentina finance minister; markets still unconvinced

Argentina's new finance minister made stabilizing the country's battered currency his top priority on Tuesday, while still pledging to meet commitments made to the International Monetary Fund, which is sending a team to Buenos Aires.