Tag: IMF

• 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.

• Tuesday, October 12th 2021 - 23:54 UTC

  Chile's economy to grow 11%, according to IMF report

  

  Chile's economy has been projected to grow 11%, way above the average of 6.3% foreseen for Latin America throughout 2021 by the International Monetary Fund's (IMF) Global Economic Outlook released Tuesday.

• Tuesday, October 12th 2021 - 09:32 UTC

  Uruguay: IMF recommends addressing skill-mismatch between the labour force and new jobs

  

  Last week we published an IMF preliminary statement on the situation of the Uruguayan economy in which it praised the government's handling of the pandemic underlining Uruguay's solid institutions, well-functioning democracy and a high degree of social cohesion.

• Tuesday, October 12th 2021 - 09:20 UTC

  IMF Board reaffirms full confidence in Managing Director Georgieva Kristalina

  

  The IMF Executive Board on Monday concluded its review of the matter raised by WilmerHale’s investigation of the World Bank’s Doing Business 2018 report.

• Thursday, October 7th 2021 - 09:50 UTC

  IMF praises Uruguay's handling of the pandemic and forecasts 3,4% recovery this year

  

  The IMF elaborated and presented this month a preliminary statement on the situation of the Uruguayan economy based on Article IV mission findings.

• Wednesday, October 6th 2021 - 19:22 UTC

  A Coup Attempt at the IMF

  

  By Joseph E. Stiglitz (*) - Kristalina Georgieva, the IMF's Managing Director since 2019, has been a bold leader in confronting the economic fallout of the pandemic, as well as in positioning the Fund as a global pioneer on climate change. The efforts now underway to remove her are not only unjust but could hamstring the Fund's management for years to come.

• Friday, October 1st 2021 - 09:33 UTC

  Fear reigns among Venezuelans as six more zeros are to be removed from local currency

  

  Unrest reigned Thursday among Venezuelans as Friday's monetary reconversion which will remove six zeros from “sovereign bolivars” loomed over, prompting the exchange rate with the US dollar to skyrocket.

• 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.

• Thursday, September 23rd 2021 - 09:25 UTC

  IMF's report on Brazil: performance better than expected; GDP projected to expand 5,3% this year

  

  On September 10, 2021, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Brazil. Economic performance has been better than expected, in part due to the authorities’ forceful policy response. GDP regained its pre-pandemic level in 2021Q1 and momentum continues to be favourable, supported by booming terms of trade and robust private sector credit growth.

• 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.