Argentina's Finance Ministry looked all set Wednesday to send over to Congress the intended deal with the International Monetary Fund (IMF), it was reported. But it was still unclear how things would play out since the ruling Frente de Todos does not have an absolute majority in either House.
The World Bank Group announced on Wednesday that it had stopped all its programs in Russia and Belarus, with immediate effect, as a result of the Russian invasion of Ukraine and hostilities against the people of Ukraine.
Argentine President Alberto Fernández Tuesday said his country was still fine-tuning details of an agreement with The International Monetary Fund (IMF) regarding the repayment of a US $ 44 bn loan taken during the Mauricio Macri administration.
A top-level Argentine economic and strategic delegation met in Washington with the World Bank Managing Director of Operations to address close bilateral relations, cooperation, and solid support from the bank for South America's second-largest economy.
By Willem H. Buitter – By approving an unprecedentedly large loan to Argentina in mid-2018, despite the country's failure to meet basic borrowing conditions, the International Monetary Fund committed a major blunder. Rather than compounding the mistake with another similar program, it should accept reality – and responsibility.
Argentina's main opposition political coalition Together for Change (Juntos por el Cambio - JxC) Thursday announced it will support the agreement with the International Monetary Fund (IMF) so as to never push Argentina to default.
By Kristalina Georgieva, IMF Managing Director – Let me start by thanking the Atlantic Council for providing a fitting venue to discuss central banks’ forays into Digital Currencies.
President Alberto Fernández Thursday told his Russian counterpart Vladimir Putin in Moscow that “Argentina has to stop having such a great dependency on the IMF and the United States.”
Argentina's representative to the International Monetary Fund (IMF) Sergio Chodos Wednesday said in a radio interview the multinational body was concerned after Deputy Máximo Kirchner's resignation as majority leader, which might jeopardize the Congressional approval of the preliminary understanding reached last week.
Argentina's Lower House Speaker Sergio Massa Tuesday said the ruling Frente de Todos (Everybody's Front - FdT) remained united and guaranteed the recent agreement with the International Monetary Fund (IMF) will get through Congress.