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MercoPress, en Español

Montevideo, July 20th 2025 - 23:02 UTC

Tag: IMF

  • Tuesday, March 11th 2025 - 10:05 UTC

    Opposition lawmakers file criminal case against Milei over IMF loan decree

    Milei's DNU is in violation, in the first place, of constitutional clauses, lawmakers such as Victoria Tolosa Paz argued

    A group of opposition lawmakers filed a criminal complaint against Argentine President Javier Milei for signing an Emergency Decree (DNU) to enable a new ten-year agreement with the International Monetary Fund (IMF) aimed at canceling non-transferable Treasury bills held by the Central Bank (BCRA). The decree bypassed the traditional legislative process of sending a bill to Congress, which Economy Minister Luis Toto Caputo said was necessary given the urgent need for IMF support.

  • Monday, March 10th 2025 - 09:08 UTC

    IMF praises Guyana's environmental initiatives

    The IMF commended Guyana’s multifaceted approach to sustainable development

    The International Monetary Fund (IMF) has praised Guyana for its pioneering climate policies and efforts to enhance its energy matrix, promote sustainable growth, and foster economic diversification. The global credit agency highlighted the South American country's Climate Policies and Sustainable Development, Energy Transition, Economic Diversification and Workforce Development, and Inclusive Growth and Investment.

  • Friday, March 7th 2025 - 10:53 UTC

    Argentina to okay IMF loan through a presidential decree

    The IMF said congressional approval was not necessary but would nevertheless speed the Board's nod

    Argentine President Javier Milei plans to issue an Emergency Decree (DNU) to approve the new loan to be agreed upon with the International Monetary Fund (IMF), the Casa Rosada announced Thursday. As mandated by law, each DNU needs congressional approval to not be stricken. The new deal seeks to cancel National Treasury debt to the Central Bank, reducing total public debt and strengthening the Central Bank's balance sheet and subsequently lifting the so-called exchange stocks.

  • Monday, March 3rd 2025 - 10:55 UTC

    Milei does not rule out leaving Mercosur

    “The NYT article looked like hair salon gossip,” Milei argued

    Argentine President Javier Milei further elaborated on his plan to curb inflation during his opening speech Saturday before the Legislative Assembly when opening the 202t5t Legislature. Among other items, he spoke of a new agreement with the International Monetary Fund (IMF) plus the reorganization of the Central Bank (BCRA) accounts.

  • Monday, February 17th 2025 - 09:08 UTC

    Argentine deregulation minister meets with IMF Chief in Saudi Arabia

    “I am excited about his participation in the IMF's new Advisory Council on Entrepreneurship and Growth,” Georgieva said about Sturzenegger

    Argentina's Deregulation Minister Federico Sturzenegger met Sunday in AlUla, Saudi Arabia, with International Monetary Fund (IMF) Managing Director Kristalina Georgieva. They were both attending the Conference for Emerging Market Economies.

  • Wednesday, November 20th 2024 - 09:44 UTC

    Milei meets with IMF Manager in Rio

    Milei hopes his ties with Donald Trump will lead Georgieva's agency to authorize a US$ 10 billion disbursement

    Argentine President Javier Milei met Tuesday in Rio de Janeiro on the sidelines of the G20 Summit with International Monetary Fund (IMF) Managing Director Kristalina Georgieva to negotiate a new disbursement from the credit agency to boost the South American country's coffers. Also participating in the meeting were Ministers Gerardo Werthein (Foreign Affairs) and Luis Toto Caputo (Economy), among other officials

  • Friday, October 25th 2024 - 10:41 UTC

    IMF to think about what is best for Argentina, says Georgieva

    “We see the improvements,” Georgieva admitted

    Argentina's Economy Minister Luis Toto Caputo met Thursday in Washington DC with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, who then announced that “we have an objective, which is to think together, as a single team, what is best for Argentina”.

  • Saturday, October 12th 2024 - 10:16 UTC

    IMF goes easier on heavily indebted countries such as Argentina

    “I'm pleased to announce that the Executive Board has reached a consensus on a reform of IMF charges and surcharges,” Georgieva stressed

    The International Monetary Fund (IMF) announced Friday a series of cuts on overcharges to countries heavily in debt, which, albeit moderate, could benefit Argentina among other nations. Such an initiative had been resisted in the past by Washington and other G7 nations but things have changed considerably at a global level.

  • Wednesday, April 17th 2024 - 10:55 UTC

    IMF says Argentina improving but results not expected this year

    Milei has applied tight constraints to recover from the fiscal deficit under Alberto Fernández

    According to the World Economic Outlook released Tuesday by the International Monetary Fund (IMF), Argentina's inflation in 2024 is expected to reach 149.4%. The study also forecasted that the country's economy would fall by 2.8% this year only to bounce back in 2025 by 5%. The Consumer Price Index (CPI) would be dropping to 45%.

  • Wednesday, April 17th 2024 - 09:49 UTC

    German and French economies slowing down in 2024, IMF report

    The German economy is expected to grow by 0.2%, which is 0.3 percentage points less than it estimated in its January outlook

    Europe's strongest economy is expected to grow by 0.2%, 0.3 percentage points less than it estimated in its January outlook, according to the latest report from the International Monetary Fund, IMF, on Germany. This is also the weakest among the G7 group of industrialized nations.