Tag: IMF

• Friday, January 29th 2021 - 08:55 UTC

  Argentina expected to grow 5,4% in 2021, far from mitigating pandemic's impact

  

  The International Monetary Fund, IMF, lowered Argentina's growth estimate for this year to 4,5% from its previous 4.9% forecast, according to the World Economic Outlook, WEO, delivered this week and which includes some forty countries, among which Argentina since it is a member of G20.

• Wednesday, January 27th 2021 - 09:20 UTC

  China recovers pre-pandemic growth and is expected to expand 8,1% in 2021 and 5,6% in 2022, IMF

  

  IMF projects China's economy will grow 8.1% in 2021 and 5.6% in 2022. The global growth is expected to be 5.5% in 2021 and 4.2% in 2022 after an estimated 3.5% contraction in 2020, according to the latest World Economic Outlook (WEO) released on Tuesday.

• Wednesday, January 27th 2021 - 08:35 UTC

  IMF, despite pandemic challenges, forecasts a strong economic rebound this year

  

  The global economy is set to lose over US$ 22 trillion between 2020 and 2025, due to the impacts of the coronavirus pandemic the International Monetary Fund (IMF) said on Tuesday. The economy will likely see a strong rebound this year, but the pandemic is causing severe damage said IMF chief economist Gita Gopinath.

• Friday, January 15th 2021 - 09:39 UTC

  Argentina and IMF resume discussions and “fresh funds” could be included in the package

  

  The International Monetary Fund expects the pace of its ongoing discussions with Argentine authorities to accelerate in coming weeks, IMF spokesman Gerry Rice said on Thursday.

• Thursday, December 17th 2020 - 10:50 UTC

  IMF working constructively with Argentina until the country “has clarity about its medium term objectives”

  

  The managing director of International Monetary Fund (IMF), Kristalina Georgieva, highlighted that “they are working constructively with Argentina” and ratified the commitment so that the country ”has clarity about its medium-term objectives.”

• Thursday, December 17th 2020 - 10:00 UTC

  IMF chief says 62% of lending has gone to 21 countries in Latin America

  

  Sixty-two percent of the International Monetary Fund’s lending in response to the coronavirus pandemic has gone to 21 countries in hard-hit Latin America, IMF Managing Director Kristalina Georgieva said.

• Friday, December 4th 2020 - 09:40 UTC

  IMF and Argentina discussions “very fluid and constructive”, but no date for closing a new deal

  

  Negotiations between the International Monetary Fund and Argentina over a new IMF loan program are “very fluid and constructive,” with Argentine officials expected to come to Washington in the coming days for more talks, IMF spokesman Gerry Rice said on Thursday.

• Monday, November 30th 2020 - 09:55 UTC

  Argentina in no rush to sign an agreement with IMF, says minister Guzmán

  

  Argentine Economy Minister Martin Guzman played down the chances of an early agreement with the International Monetary Fund to repay a US$ 44 billion loan, the Financial Times reported.

• Saturday, November 21st 2020 - 09:54 UTC

  “Good progress” in Argentina/IMF negotiations for an Extended Fund Facility

  

  ”Good progress” has been made in parts of a new program between the International Monetary Fund and Argentina, IMF officials said in a statement on Friday. An IMF team visited Argentina to begin discussions on repackaging some US$ 45 billion the country owes the Fund.

• Monday, November 16th 2020 - 09:20 UTC

  Argentine economic team in preventive isolation after contacts with IMF mission member tested positive

  

  Economy Minister Martin Guzman and other Argentine officials were placed in preventive isolation on Sunday after a member of a visiting IMF mission tested positive for COVID-19, the government said.