Argentine President Javier Milei landed in Asunción early Tuesday to participate in the Conservative Political Action Conference (CPAC) and to hold a bilateral meeting with Paraguayan colleague Santiago Peña.
Add your comment!Argentina has received a US$2 billion disbursement from the International Monetary Fund (IMF), a move that has boosted the country's international reserves and provided a temporary reprieve from exchange rate volatility. The funds, part of an agreement reached in April, have raised the Central Bank's reserves to over US$43 billion, the highest since early 2023.
The International Monetary Fund (IMF) approved Paraguay's fifth review of the Policy Coordination Instrument (PCI) and third review of the Resilience and Sustainability Service (RSS), granting access to about US$285 million, with US$195 million requested by authorities.
The International Monetary Fund (IMF) concluded a four-day technical mission in Buenos Aires to review Argentina’s compliance with a new US$20 billion agreement signed in mid-April 2025, it was announced Friday in Buenos Aires.
A technical mission from the International Monetary Fund (IMF), led by Bikas Joshi, is due in Buenos Aires on Tuesday to conduct the first review of Argentina's new economic program. The proceedings were initially set for June 15 but postponed to allow more time for the Libertarian Government of President Javier Milei to meet reserve targets.
Fitch Ratings upgraded Argentina's long-term foreign currency debt rating from CCC to CCC+, citing the rapid economic recovery under President Javier Milei. Key factors include a new US$ 20 billion International Monetary Fund (IMF) agreement, with an initial US$ 12 billion disbursement boosting reserves to US$38 billion, and the liberalization of the exchange market an AR$ 1,000 / AR$ 1,400 band per US dollar.
The International Monetary Fund's (IMF) April 2025 Global Economic Outlook, released Tuesday in Washington, revised global and regional economic forecasts downward due to the US-initiated trade war and associated uncertainties.
The Argentine government announced today a sweeping overhaul of its foreign exchange regime, set to take effect on Monday, including the end of currency controls and the introduction of a managed float within a fixed exchange rate band. The move marks the beginning of what authorities are calling “Phase 3” of their economic program.
Argentine President Javier Milei is set to travel to the United States again late Wednesday after the April 2 Malvinas Veterans' Day ceremony, probably to meet his local colleague, Donald Trump, at the latter's Mar-a-Lago residence. However, this encounter has not been confirmed.
According to International Monetary Fund (IMF) sources, negotiations with Argentina are in an advanced stage after a meeting between the credit agency's board of directors and technical staff on Tuesday. Further details are expected to be announced at a press conference on Thursday by IMF Spokeswoman Julie Kozack.