Tag: IMF

• Friday, March 25th 2022 - 16:09 UTC

  IMF Board unanimously approves Argentina deal

  

  The International Monetary Fund's board of directors Friday approved unanimously the latest US$ 45-billion program signed with Argentina, with which the South American country has avoided default.

• Friday, March 25th 2022 - 09:37 UTC

  CFK and her son praise Memory Day rally demonstrators

  

  Argentine Vice-President Cristina Fernández de Kirchner (CFK) Thursday sent a message through social media to the groups who marched onto Buenos Aires' Plaza de Mayo during the Memory Day commemorations of those fallen under the military dictatorship which came to power March 24, 1976.

• Wednesday, March 23rd 2022 - 09:40 UTC

  President Fernández, Georgieva hold talk ahead of IMF's board vote

  

  Argentine President Alberto Fernández Tuesday held a virtual meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, during which he ratified his Government's commitment to the new program agreed upon.

• Tuesday, March 15th 2022 - 09:39 UTC

  The IMF understanding does not solve Argentina's problems, “it's only a breathing space”

  

  Gustavo Grobocopatel, one of Argentina's most successful farming businesspeople said that the understanding reached with the IMF does not solve the country's problems, IMF merely agreed “to kick the can down the road” and give Argentina time to change its production matrix.

• Monday, March 14th 2022 - 20:39 UTC

  Argentine gov't eyes soybean exports as a source of financing

  

  The government of Argentine Sunday decided to shut down all registrations for new soybean oil and soybean meal exports “until further notice,” it was announced. Authorities are also said to be planning a 2% rise to export taxes of industrial by-products, to level it up with the 33% charged to soybeans.

• Monday, March 14th 2022 - 20:27 UTC

  Puebla Group supports Argentina's agreement with the IMF

  

  World leaders gathered under the Puebla Group have expressed their support to Argentine President Alberto Fernández for the deal reached with the International Monetary Fund (IMF) and for its “overwhelming approval in Congress.”

• Saturday, March 12th 2022 - 09:51 UTC

  Demonstrators attack Argentine Congress building during IMF deal debate

  

  While Argentina's Lower House was debating the approval of the refinancing agreement with the International Monetary Fund, demonstrators staged several incidents in and around the Congress building in Buenos Aires.

• Friday, March 11th 2022 - 21:46 UTC

  Argentine Lower House passes IMF deal

  

  Argentina's House of Deputies greenlighted the deal reached between the administration of President Alberto Fernández and the International Monetary Fund in the wee hours of Friday by 202 votes in favor, 37 against, and 13 abstentions.

• Tuesday, March 8th 2022 - 09:55 UTC

  “Nobody is happy with the IMF understanding, we all despise the Fund,” Argentine president

  

  Argentine president Alberto Fernandez admitted “nobody is happy” with the latest understanding reached with the International Monetary Fund, but under no circumstances does it condition the Argentine government economic policy, finally confessing he “despises” the IMF.

• Tuesday, March 8th 2022 - 09:46 UTC

  Ukraine/Russian conflict will have a severe impact on the global economy, anticipates IMF

  

  The International Monetary Fund (IMF) Executive Board addressed the economic impact of the war in Ukraine, price shocks of energy and commodity prices, and on possible fast-tracked financial assistance for affected countries since a severe impact on the global economy can be expected.