Tag: IMF

Friday, March 5th 2021 - 08:00 UTC
The Haves and Have-nots of the Digital Age

By Gita Bhatt (*) – Accelerated by the pandemic, the digital future is coming at us faster than ever before, and maybe faster than we can imagine. In this issue, we explore the possible consequences —the good, the bad, and the gray.
Thursday, March 4th 2021 - 07:07 UTC
Argentina and the IMF: Another Default in the Works?

By Arturo Porzecanski (*) The following was published in the Americas Quarterly, a contribution from a leading emerging-market economist writes. The seeds for the latest chapter in Argentina’s long history of confrontations with the International Monetary Fund were planted about a year ago, on the eve of the global pandemic.
Tuesday, March 2nd 2021 - 09:58 UTC
Argentine president attacks opposition, Judiciary, media and economic powers

In a defiant speech before the Legislative that launched the campaign for the October midterm elections, Argentine president Alberto Fernandez on Monday opened the 139th Congressional period of ordinary sessions with a barrage of attacks on the opposition, Judiciary, media and the concentrated economic powers.
Friday, February 26th 2021 - 13:54 UTC
IMF admits discussions with Argentina continue but no meeting planned for May

IMF has no date yet set for its next visit to Argentina to discuss replacement to a failed 2018 program, a spokesman for the Fund advanced on Thursday. The parties could next meet in Washington soon, as Argentine Economy Minister Martin Guzman will visit the U.S. capital next month, according to Buenos Aires sources.
Wednesday, February 24th 2021 - 08:33 UTC
US bishops call on Biden to sponsor a boost of IMF resources to support poor countries

The United States Conference of Catholic Bishops and an alliance of faith groups urged President Joe Biden on Tuesday to back a big boost in the International Monetary Fund's (IMF) emergency reserve funds to help poor countries devastated by the coronavirus pandemic.
Thursday, February 18th 2021 - 09:50 UTC
Bondholders criticize Argentina erratic economic policies, subordinated to politics

Creditors have criticized the current Argentine government of the country for what it describes as “erratic” economic policies claiming they are impeding growth and weighing on bond prices five months after the government restructured some US$ 65 billion in foreign bonds.
Tuesday, February 16th 2021 - 09:02 UTC
Argentina's October midterm elections condition IMF debt deal

Argentina’s powerful vice-president Cristina Fernández de Kirchner and her allies in the leftwing administration want to postpone a crucial US$ 44bn debt deal with the IMF until the pandemic has eased, officials said, avoiding painful spending cuts before October’s midterm elections.
Thursday, February 11th 2021 - 09:45 UTC
Argentina's goal of an IMF agreement by May, “is an ambitious timeline”

Argentina is planning to reach an agreement with the International Monetary Fund (IMF) on a new restructuring program by May, an ambitious timeline according to the IMF’s Western Hemisphere Director Alejandro Werner.
Tuesday, February 9th 2021 - 09:43 UTC
Fernandez expects IMF to grant Argentina more flexible repayment terms

President Alberto Fernández believes the International Monetary Fund (IMF) should grant Argentina more “flexible” terms on the repayment terms of the debt and warned that increasing inflation could lead his government to again hike export taxes, the president said in an interview on Sunday with newspaper Página/12.
Saturday, February 6th 2021 - 08:47 UTC
IMF chief Georgieva tells Argentina, “it takes two to tango”

The chief of the International Monetary Fund (IMF), Kristalina Georgieva said on Friday that the fund is working towards reaching an agreement on a new loan deal with Argentina and the next round of meetings will focus on the details. However, “'it takes two to tango' so both sides need to do our part and find the pathway to an agreement, and we are not yet at that point.”