MercoPress, en Español

Montevideo, March 19th 2024 - 04:10 UTC

Tag: IMF

  • 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.

  • Friday, January 12th 2024 - 13:33 UTC

    FMI hopes Milei's plan gets enough political support

    President Javier Milei's administration “is already implementing an ambitious stabilization plan,” Kozack also noted

    International Monetary Fund (IMF) Spokeswoman Julie Kozack Thursday said the global credit agency hoped Argentina's latest measures would have the political support they needed, particularly the adjustments included in the so-called Omnibus Law bill currently in Congress.

  • Friday, January 12th 2024 - 10:34 UTC

    CPI goes up 25.5% in December in Argentina

    “We applied a much deeper adjustment plan than the one requested by the IMF,” Milei explained

    Argentina's National Institute of Statistics and Census (Indec) Thursday said the Consumer Price Index (CPI) for December 2023 went up by 25.5% for an interannual total of 211.4%, it was reported in Buenos Aires.

  • Thursday, January 11th 2024 - 11:20 UTC

    Argentina gets fresh cash from IMF for impending maturities

    “We have to solve the country's addiction to public spending,” Caputo argued

    The Argentine Government of President Javier Milei Wednesday reached an understanding with the International Monetary Fund (IMF) whereby the global credit agency will make a disbursement of nearly US$ 4.7 billion, Economy Minister Luis Toto Caputo confirmed during a press conference in Buenos Aires.

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