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MercoPress, en Español

Montevideo, June 1st 2025 - 11:11 UTC

Tag: IMF

  • Saturday, August 19th 2023 - 10:55 UTC

    IMF holds talks with Argentina's opposition economists

    For the IMF the meetings were one of the Fund's regular and routine contacts with “a wide range of political and economic references”

    International Monetary Fund (IMF) specialists Friday held separate video conferences with economic teams from Argentina's two main contenders for the Oct. 22 presidential elections: La Libertad Avanza (LLA) and Juntos por el Cambio (JxC).

  • Tuesday, August 15th 2023 - 10:23 UTC

    Argentine devaluation consistent with IMF guidelines

    “We appreciate the authorities' recent policy actions and commitment to safeguarding stability, rebuilding reserves, and strengthening fiscal order,” Kozack said

    The International Monetary Fund es expected to release over US$ 10 billion to Argentina which might come as some sort of relief following Monday's decision to devaluate the local peso in the aftermath of the government's poor performance Sunday at the Open, Mandatory, and Simultaneous Primary (PASO) elections.

  • Tuesday, August 8th 2023 - 10:49 UTC

    Argentina: “Blue” dollar closes in on AR$ 600 threshold

    Cash from the IMFis hoped to bring on some tranquility after the PASO elections

    The “blue” (a euphemism for “black market”) dollar rose sharply on Monday and closed at AR$ 596, thus reaching a new all-time high ahead of next Sunday's Simultaneous, Mandatory, and Open Primary (PASO) elections, it was reported in Buenos Aires. The gap with the official quotation stood at 110.8%.

  • Saturday, August 5th 2023 - 10:31 UTC

    Argentina pays the IMF with loan from Qatar

    President Fernández said the payment to the IMF with Qatar's help will give “more tranquility”

    Argentine authorities Friday announced that they would be paying the International Monetary Fund (IMF) a maturity worth US$ 775 million through a 580 million Special Drawing Rights (SDRs) loan from Qatar. The Asian nation will lend Argentina Special Drawing Rights (SDR, money that countries reserve in the IMF), it was explained.

  • Saturday, July 29th 2023 - 11:15 UTC

    Argentina announces new deal with the IMF

    It is not good that a country has to be continuously renegotiating with the IMF because of bad management by the previous government, Massa said

    The Government of Argentina reached an understanding with the International Monetary Fund (IMF) whereby the global agency will make disbursements worth over US$ 7 billion in August and November, it was announced Friday in Buenos Aires.

  • Thursday, July 27th 2023 - 10:10 UTC

    Argentina: No REM report until after PASO elections

    The survey will be published by the BCRA on Aug. 15

    Argentina's Central Bank (BCRA) Wednesday postponed the release of its monthly Relevamiento de Expectativas de Mercado (REM) report until after the Aug. 13 Open, Mandatory and Simultaneous Primary (PASO) elections, it was announced in Buenos Aires.

  • Wednesday, July 26th 2023 - 10:56 UTC

    Latin America to grow this year above IMF's previous projections

    Domestic demand in the region remains “relatively strong,” Gourinchas explained

    The International Monetary Fund (IMF) Tuesday admitted that Latin America and the Caribbean will grow 1.9% this year, 0.3 percentage points above April's projections due to the momentum of the economies in Brazil and Mexico.

  • Monday, July 24th 2023 - 10:55 UTC

    Argentina, IMF reach new understanding

    Massa might travel to Washington DC shortly to finalize the deal

    Argentina and the International Monetary Fund (IMF) have reached an agreement in principle on the fifth review of the South American country's credit program, it was announced Sunday.

  • Saturday, July 22nd 2023 - 10:59 UTC

    Argentine President confident about ongoing negotiations with IMF

    All negotiations with the Fund are difficult when one seeks to preserve one's own decisions, Fernández said

    Argentine President Alberto Fernández Friday spoke with International Monetary Fund (IMF) Managing Director Kristalina Georgieva to discuss a new understanding ahead of this year's elections, it was reported in Buenos Aires.

  • Wednesday, July 19th 2023 - 10:38 UTC

    Argentine team starts talks with IMF toward new deal

    If negotiations are successful, Massa might travel to the US by Friday

    Argentina's Economic Policy Secretary Adolfo Rubinstein; Chief Advisor Leonardo Madcur; and Central Bank (BCRA) Vice-President Lisandro Cleri started Tuesday in Washington DC a new round of negotiations with a technical team of the International Monetary Fund (IMF) to finalize a new agreement ahead of this year's presidential elections, it was confirmed by an IMF spokesperson.