MercoPress, en Español

Montevideo, November 1st 2025 - 00:52 UTC

Tag: IMF

  • Monday, October 20th 2025 - 10:01 UTC

    Global public debt nearing historic high, IMF finds

    By 2029, the IMF foresees the highest indebtedness level since 1948

    The International Monetary Fund (IMF) Fiscal Monitor report warned that global public debt was nearing a historic high, projected to exceed 100% of Gross Domestic Product (GDP) by 2029. In Latin America, the report identified Brazil, Argentina, and Uruguay as the countries with the highest levels of debt.

  • Monday, October 13th 2025 - 10:55 UTC

    Milei off to DC for meeting with Trump

    Milei is expected to arrive back in Buenos Aires on Wednesday at 8 am

    Argentine President Javier Milei is due in Washington, D.C., on Monday to meet with President Donald Trump at the White House the following day to ratify a strategic alliance between both countries following the recent financial bailout agreement.

  • Saturday, October 4th 2025 - 10:22 UTC

    IMF appoints Daniel Katz as new second-in-command

    Katz's immediate past role was as Chief of Staff to US Treasury Secretary Scott Bessent

    Following the resignation of Economist Gita Gopinath earlier this year, the Washington-based International Monetary Fund's (IMF) Executive Board announced on Friday that it was hiring Daniel Katz as the new First Deputy Managing Director (FDMD), who is to assume his new duties on Monday.

  • Monday, September 22nd 2025 - 10:34 UTC

    Milei postpones trip to US

    Milei needs a cash bailout from Washington and will also participate in the UN's General Assembly

    Argentine President Javier Milei and Economy Minister Luis Toto Caputo have postponed their departure to the United States from Sunday to Monday, it was announced in Buenos Aires. Hence, their meetings with International Monetary Fund (IMF) Managing Director Kristalina Georgieva and other engagements have been rescheduled accordingly.

  • Tuesday, September 16th 2025 - 09:23 UTC

    Milei's presence in Paraguay triggers mixed reactions

    The Argentine president was dubbed ”a puppet of the International Monetary Fund (IMF)” by protesters objecting to his presence

    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.

  • Tuesday, August 5th 2025 - 10:00 UTC

    IMF money arrives in Buenos Aires, boosting reserves

    “The new agreement is more favorable and should facilitate access to international credit,” said Economy Minister Luis 'Toto' Caputo

    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.

  • Monday, June 30th 2025 - 10:18 UTC

    IMF okays Paraguay's performance but raises concerns here and there

    Paraguay's monetary policy should continue to be data-driven, the IMF suggested

    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.

  • Saturday, June 28th 2025 - 10:39 UTC

    IMF team rounds up mission to Argentina

    The results were not disclosed

    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.

  • Tuesday, June 24th 2025 - 10:12 UTC

    IMF mission arriving in Buenos Aires to monitor progress

    Economy Minister Luis Toto Caputo's management fell short of the IMF's reserve target

    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.

  • Tuesday, May 13th 2025 - 09:37 UTC

    Fitch ups Argentina's grading by one notch

    Disinflation under La Libertad Avanza “already exceeded our previous expectations,” Fitch underlined

    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.

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