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Montevideo, May 24th 2024 - 12:30 UTC

Tag: IMF

  • Wednesday, April 17th 2024 - 10:55 UTC

    IMF says Argentina improving but results not expected this year

    Milei has applied tight constraints to recover from the fiscal deficit under Alberto Fernández

    According to the World Economic Outlook released Tuesday by the International Monetary Fund (IMF), Argentina's inflation in 2024 is expected to reach 149.4%. The study also forecasted that the country's economy would fall by 2.8% this year only to bounce back in 2025 by 5%. The Consumer Price Index (CPI) would be dropping to 45%.

  • Wednesday, April 17th 2024 - 09:49 UTC

    German and French economies slowing down in 2024, IMF report

    The German economy is expected to grow by 0.2%, which is 0.3 percentage points less than it estimated in its January outlook

    Europe's strongest economy is expected to grow by 0.2%, 0.3 percentage points less than it estimated in its January outlook, according to the latest report from the International Monetary Fund, IMF, on Germany. This is also the weakest among the G7 group of industrialized nations.

  • Saturday, April 13th 2024 - 10:33 UTC

    Georgieva confirmed for another term at the helm of the IMF

    The new term runs until Georgieva is 76 years old. Until her appointment in 2019, the age limit for holding office was 65

    The Board of Directors of the International Monetary Fund (IMF) Friday confirmed that Bulgarian Economist Kristalina Georgieva would remain as the agency's managing director for another five-year term starting on Oct. 1, 2024. The announcement came as no surprise since Georgieva was the only candidate under consideration.

  • Tuesday, March 5th 2024 - 10:26 UTC

    Lula and Georgieva hold a “good conversation”

    Lula insisted that the IMF needs to be “more representative of today's world”

    Brazilian President Luiz Inácio Lula da Silva Monday suggested International Monetary Fund (IMF) Managing Director Kristalina Georgieva should move on with the reform of the credit agency, among other issues they discussed during their “good conversation” in Brasilia where they also reviewed “social inclusion” and the “Poverty in the world” project.

  • Thursday, February 29th 2024 - 11:12 UTC

    Argentina's Economy Minister meets with Georgieva in Brazil

    Georgieva insisted that an eye must be kept on the most vulnerable insisted that an eye must be kept on the most vulnerable

    Argentina's Luis 'Toto' Caputo and International Monetary Fund (IMF) Managing Director Kristalina Georgieva met Wednesday in Sao Paulo on the sides of the two-day G20 summit of Economy Ministers. The gathering took place less than a week after the visit to Buenos Aires of the IMF Managing Director Gita Gopinath, with whom Caputo and President Javier Milei discussed a new agreement on the South American country's debt.

  • Friday, February 23rd 2024 - 10:19 UTC

    Milei and IMF envoy discuss additional help for Argentina

    Milei said after his gathering with Gopinath that a new agreement with the IMF was to be expected

    President Javier Milei and International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath Thursday discussed Argentina's course of action under the Libertarian's leadership during a meeting at Casa Rosada, it was reported from Buenos Aires. Gopinath said she had an “excellent and substantive meeting with President Milei on the best way to move the country forward.” Also Thursday, she got together with Cabinet Chief Nicolás Posse and Interior Minister Guillermo Francos.

  • Friday, February 2nd 2024 - 03:48 UTC

    Strong support from IMF to President Milei and his austerity policies

    Kristalina Georgieva with president Milei at IMF main offices in Washington

    The new government of Argentine president Javier Milei and its austerity policies to try and put the country's economy back on track received a strong boost from the International Monetary Fund, IMF, which approved the disbursement of US$ 4,7 billion.

  • Thursday, February 1st 2024 - 10:01 UTC

    Argentine Central Bank reserves stronger after FMI disbursement

    The latest deal between Argentina and the IMF unblocked a new tranche of disbursements

    After the International Monetary Fund (IMF) Board approved the staff-level agreement with Argentina's current administration, the Government of President Javier Milei received a US$ 4.7 billion disbursement which bolstered the Central Bank (BCRA) reserves to US$ 27.635 billion, it was reported Wednesday in Buenos Aires. The latest deal between Argentina and the IMF unblocked a new series of disbursements.

  • Wednesday, January 31st 2024 - 10:59 UTC

    IMF foresees gloomy near future for Argentina

    Latin America and the Caribbean were also forecast by the FMI to suffer an economic slowdown driven mainly by Argentina's downward revision

    Following President Javier Milei's latest measures, the International Monetary Fund (IMF) Tuesday reviewed for the worse its projections for Argentina's economy this year (-2.8%) and forecasted inflation would remain high in the short term.

  • Monday, January 15th 2024 - 10:55 UTC

    Milei off to Davos, has meeting arranged with IMF's Georgieva

    Milei is expected to discuss with Georgieva the verbal agreement reached last week between Argentina and the IMF

    Argentine President Javier Milei is departing Monday to Davos, Switzerland, on regular airline flights with stopovers in Frankfurt and Zurich to participate in the World Economic Forum (WEF). According to Casa Rosada sources quoted by local media in Buenos Aires, he is also to have a one-on-one meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva.