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MercoPress, en Español

Montevideo, July 4th 2025 - 12:55 UTC

Tag: IMF

  • Friday, March 24th 2023 - 10:46 UTC

    IMF explores possible political scenarios with Uruguayan presidential candidates

    The IMF held individual dialogues with possible candidates: Frente Amplio mayors Carolina Cosse (left) and Yamandú Orsi (right), as well as the Secretary of the Presidency, Álvaro Delgado (center)

    The annual monitoring mission of the International Monetary Fund (IMF) recently concluded its nearly two-week visit to Montevideo, providing a positive assessment of Uruguay's economy and the government's reform efforts. However, the mission also gauged the pulse of Uruguay's political landscape ahead of the 2024 elections, weekly newspaper Búsqueda informed.

  • Friday, February 3rd 2023 - 10:23 UTC

    Political crises might impact Latin America's economy, IMF team warns

    The year 2023 is likely to be challenging for the region, the IMF found

    A technical team of the International Monetary Fund (IMF) has warned that political unrest in various regions of Latin America might have consequences for the economy since it would affect how the region is perceived worldwide.

  • Tuesday, January 31st 2023 - 18:41 UTC

    IMF slightly more optimistic about 2023

    IMF Chief Economist Pierre Olivier Gourinchas explained that in 2023 Argentina will grow by 2%, slightly above the region's average

    The International Monetary Fund (IMF) Monday adjusted its projections for 2023 with relatively good news since it upgraded its growth forecast for Latin America by 0.1 percentage points from October's figures. The economy in Latin America and the Caribbean is expected to grow by 1.8% this year amid steady inflation and the worldwide consequences of the armed conflict in Ukraine, the IMF heralded.

  • Thursday, January 19th 2023 - 09:59 UTC

    IMF and IDB willing to help Brazil manage spending cap

    Economists, scholars, and specialists will be summoned to give their opinion about this, Haddad said

    Brazil's Economy Minister Fernando Haddad said Tuesday after a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva that the agency was willing to help South America's largest country handle its fiscal situation, Agencia Brasil reported.

  • Friday, January 13th 2023 - 10:24 UTC

    Poorer harvests heralded due to bad weather would mean fewer dollars for Argentina

    “The fall in exports could vary between 21% or 33%,” it was reported

    Argentina's Agriculture exports are expected to drop by US$ 14,000 million due to the recent drought, according to projections from the Buenos Aires Grain Exchange released this week in Buenos Aires. The new figures might have an impact on the country's Gross Domestic Product (GDP) of between 1.1% and 1.8%.

  • Tuesday, January 3rd 2023 - 10:19 UTC

    This year will be tougher than 2022, IMF's Georgieva forecasts

    “This recession will be devastating for highly indebted countries,” Georgieva explained

    With the world's three major economies -the United States, the European Union, and China- slowing down simultaneously, 2023 will be “tougher than the year we left behind,” International Monetary Fund (IMF)'s Managing Director Kristalina Georgieva said during an interview with CBS. She also heralded in Washington that “a third of the world economy will be affected by a recession.”

  • Friday, December 23rd 2022 - 18:21 UTC

    Argentina's Central Bank reserves up after IMF disbursements

    “Continued decisive policy actions are beginning to bear fruit,” Gita Gopinath said

    Argentina's Central Bank (BCRA) reserves went up this week after the International Monetary Fund (IMF) agreed to disburse nearly US$ 6 billion following a successful review of the South American country's third-quarter targets. Thus, the BCRA reserves went up from US$ 39.052 billion to US$ 43.263 billion in the last 24 hours.

  • Friday, October 14th 2022 - 10:08 UTC

    IMF experts foresee economic slowdown in the region for 2023

    Inflation remains the main problem, Goldfajn explained

    Growth projections in the region next year have been trimmed downwards due to inflation and skyrocketing interest rates, the International Monetary Fund (IMF) announced Thursday.

  • Thursday, October 13th 2022 - 20:57 UTC

    IMF Chief praises Argentine gov't

    “Our commitment is with the people of Argentina,” Georgieva insisted

    International Monetary Fund Managing Director Thursday praised the commitment of Argentine President Alberto Fernández's administration to comply with the debt-repayment program agreed upon.

  • Thursday, October 13th 2022 - 09:56 UTC

    IDB grants Argentine US$ 700 mn loan

    “This disbursement helps to strengthen Argentine reserves,” Massa said

    Argentina is to receive US$ 700 million to increase the Central Bank's reserves after the IDB Board of Directors agreed Wednesday to a Special Development Financing (SDL) package in light of Superminister Sergio Massa's presence in Washington DC for the annual meeting of the International Monetary Fund (IMF) and the World Bank.