Tag: IMF

Saturday, December 11th 2021 - 09:58 UTC
Argentina will not jeopardize growth, president says

President Alberto Fernández Friday said his country will not accept any imposition which may put growth at risk when negotiating with foreign creditors. The Argentine head of state made those remarks from a stage in front of Casa Rosada he shared with former Presidents José Mujica of Uruguay, Luiz Inácio Lula Da Silva of Brazil and Cristina Fernández de Kirchner, Argentina's current Vice President.
Monday, November 29th 2021 - 09:10 UTC
Saudi Arabia's FM visits Buenos Aires to strengthen ties with Argentina

Saudi Arabia's Foreign Minister Prince Faisal al Saud said in a newspaper interview published Saturday in Buenos Aires' daily Infobae that “Argentina is our friend and ally, that will not change at the IMF.” The diplomat thus did not rule out a handout to reinforce Argentina's Central Bank's reserves.
Wednesday, November 24th 2021 - 09:16 UTC
IMF praises Chilean economy but insists on targeted support for the most vulnerable

An International Monetary Fund (IMF) mission, led by Ana Corbacho, met (virtually) with the Chilean authorities during November 15–19 to discuss recent economic developments, policies, and priorities for the country. The mission engaged with senior officials, analysts, and business representatives. At the conclusion of the visit, Ms. Corbacho issued the following statement:
Monday, November 22nd 2021 - 09:58 UTC
Fears of devaluation loom over Argentina as Central Bank reserves run almost dry

Argentine Economy Minister desperately needs to reach an agreement with the International Monetary Fund (IMF) this week, because the Central Bank (BCRA) has only US $ 800 million left in cash with which to intervene in the local exchange market, which is pressing for a devaluation.
Wednesday, November 10th 2021 - 09:29 UTC
Vaccination target of 70% of world population remains elusive despite meeting of top UN officials and manufacturers

The heads of the International Monetary Fund, World Bank Group, World Health Organization and World Trade Organization held on Tuesday the 2nd High-Level Consultations with the CEOs of leading COVID-19 vaccine manufacturing companies.
Tuesday, November 2nd 2021 - 08:40 UTC
Not Yet on Track: Climate Threat Demands More Ambitious Global Action

By Kristalina Georgieva, IMF Managing Director – In 1785, Robert Burns reflected on how humanity has come to dominate our planet: “I’m truly sorry man’s dominion, has broken nature’s social union,” he wrote. The Scottish poet’s words still ring true two centuries later.
Wednesday, October 27th 2021 - 09:40 UTC
Future US Ambassador to Buenos Aires says Argentina needs an economic plan

Marc R. Stanley, the man chosen by US President Joseph Biden to become the next Ambassador to Buenos Aires, Tuesday said at his confirmation hearing before the Senate that the South American country needs an economic plan regarding its foreign debt.
Wednesday, October 13th 2021 - 09:52 UTC
Argentine Economy Minister and IMF Director hold meeting in Washington DC

Argentine Economy Minister Martín Guzmán Tuesday met in Washington DC with International Monetary Fund Managing Director Kristalina Georgieva to further discuss renegotiations of the country's US $ 45 billion debt.
Tuesday, October 12th 2021 - 23:54 UTC
Chile's economy to grow 11%, according to IMF report

Chile's economy has been projected to grow 11%, way above the average of 6.3% foreseen for Latin America throughout 2021 by the International Monetary Fund's (IMF) Global Economic Outlook released Tuesday.
Tuesday, October 12th 2021 - 09:32 UTC
Uruguay: IMF recommends addressing skill-mismatch between the labour force and new jobs

Last week we published an IMF preliminary statement on the situation of the Uruguayan economy in which it praised the government's handling of the pandemic underlining Uruguay's solid institutions, well-functioning democracy and a high degree of social cohesion.