Tag: IMF

Monday, May 16th 2022 - 09:26 UTC
Weighting SDR's currency basket, Dollar and Yuan up; Euro, Yen and Pound down

IMF increased the Chinese Yuan's weighting in the Special Drawing Rights (SDR) currency basket to 12.28% from 10.92% in its first regular review of the SDR valuation since the Chinese currency was first included in the basket in 2016, the Chinese central bank, PCB, reported on Sunday.
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Wednesday, May 11th 2022 - 20:36 UTC
US Ambassador compliments Argentine gov't

The United States Ambassador to Buenos Aires was full of praise for Economy Minister Martín Guzmán's handling of the recent deal between Argentina and the International Monetary Fund (IMF), saying “the work he did was impressive.”
Tuesday, May 3rd 2022 - 09:55 UTC
Argentina's Economy Minister in President Fernández's Achilles tendon

As Argentina's inflation continues to grow with no end in sight and the news is that guidelines agreed upon with the International Monetary Fund (IMF) already need to be reviewed because they were based on a CPI that is no longer attainable, Economy Minister Martín Guzmán is beginning to take flak from friends and foes alike, casting doubts on his chances of remaining in office.
Wednesday, April 27th 2022 - 21:20 UTC
Argentina's fiscal reserves in doubt as inflationary recalculations needed

International Monetary Fund (IMF) Director for the Western Hemisphere Ilan Goldfajn admitted inflation guidelines outlined in Argentina's recent agreement with the financial agency needed to be modified to reflect a steep variation in prices.
Wednesday, April 27th 2022 - 10:35 UTC
Argentina's VP and Defense Minister meet with US General Richardson

Argentina's Vice President Cristina Fernández de Kirchner (CFK) Tuesday announced with pride that she had welcomed US General Laura Richardson at her Senate office.
Thursday, April 21st 2022 - 09:59 UTC
IMF: inflation is Argentina's main threat

International Monetary Fund (IMF) Managing Director Kristalina Georgieva Wednesday said the greatest risk facing Argentina was inflation. She made those remarks during a speech at the Joint Assembly of the IMF and the World Bank in Washington, DC.
Wednesday, April 20th 2022 - 09:44 UTC
IMF revises Argentina's projected growth upwards

The International Monetary Fund (IMF) has raised its projections for Argentina's growth during 2022 to 4%, it was reported Tuesday in Washington DC. These figures show an improvement from those released just days ago by other agencies such as the World Bank (3.6%).
Monday, April 18th 2022 - 08:37 UTC
Argentina has too many pensioners, according to an IMF report

A recent report by the International Monetary Fund (IMF) has underlined the fact that Argentina has a larger proportion of citizens earning pensions when compared to other countries in the world.
Saturday, April 16th 2022 - 10:00 UTC
Inflation in LatAm highest in 15 years, IMF says

According to the International Monetary Fund (IMF), inflation in Latin America's leading economies has reached its highest levels in 15 years. The finance agency Friday reported that these results were the consequence of the “impact on the pandemic and the war between Russia and Ukraine.”
Wednesday, April 6th 2022 - 09:32 UTC
Paraguay advised to monitor inflation and tackle State spending

The International Monetary Fund (IMF) has issued a recommendation to the Government of Paraguay IMF to keep an eye on inflation and move forward with structural reforms in addition to improving State spending.