Tag: International Monetary Fund

• Tuesday, October 13th 2026 - 06:19 UTC

  IMF trims Latin America’s outlook to 2.3% and sharply cuts Argentina’s

  

  The International Monetary Fund has lowered its 2026 growth forecast for Latin America and the Caribbean to 2.3%, a tenth of a point less than in July, and sharply cut Argentina’s, from 3.5% to 2.1%. Chile and Uruguay are also among the region’s largest downward revisions, according to the World Economic Outlook presented on Monday in Bangkok, during the annual meetings of the Fund and the World Bank.

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• Friday, July 31st 2026 - 08:02 UTC

  Stability alone does not buy a house: Georgieva's message in Montevideo

  

  International Monetary Fund Managing Director Kristalina Georgieva praised Uruguay's macroeconomic and institutional strength on Thursday but urged authorities to take greater risks to turn that stability into growth.

• Saturday, October 25th 2025 - 09:47 UTC

  Brexit damage to UK’s economy admitted by Labour’s chancellor at IMF Summit

  

  Addressing the International Monetary Fund, UK’s Chancellor of the Exchequer Rachel Reeves admitted the long-term damage done to the UK economy by the 2020 Brexit deal. The chancellor told leading finance ministers and central bankers that, “UK's productivity challenge has been compounded by the way in which the UK left the European Union.”

• Tuesday, April 23rd 2024 - 10:33 UTC

  Milei praises his own administration for its financial surplus

  

  Argentine President Javier Milei Monday highlighted his administration's performance bringing about a financial surplus worth AR$ 276.638 billion (US$ 276.638 million), which constituted a “historical feat.” He also said this achievement of three consecutive surplus-yielding months -something unheard of since 2008- was possible thanks to his administration's “chainsaw” policies cutting State expenditures. Argentina's economic performance fell well within the goals agreed upon with the International Monetary Fund (IMF).

• Monday, February 21st 2022 - 09:21 UTC

  IMF's Kristalina Georgieva: “We must fight inflation without impairing the recovery”

  

  International Monetary Fund Managing Director Kristalina Georgieva made the following statement at the virtual meeting of the G20 Finance Ministers and Central Bank Governors:

• Saturday, February 19th 2022 - 10:06 UTC

  IMF says draft of deal with Argentina almost ready

  

  A high-ranking International Monetary Fund (IMF) official Friday announced a full deal with Argentina “is very close,” as the Government of President Alberto Fernández hopes it will be next week, so that it can be put up for Congressional approval at the start of the new Legislature, March 1.

• Friday, February 18th 2022 - 10:25 UTC

  Argentina’s Central Bank raises interest rates amid growing inflation

  

  Argentina’s Central Bank (BCRA) Thursday increased interest rates to 42.5%, it was announced. The measure is consistent with recent talks between the Government of President Alberto Fernández and the International Monetary Fund (IMF).

• Wednesday, February 16th 2022 - 09:46 UTC

  Argentina's inflation reaches 3.9% in January

  

  Despite requirements from the International Monetary Fund (IMF) that inflation needs to be under control, Argentina's National Institute of Statistics and Censuses (Indec) Tuesday reported January's figures had reached 3.9% for a 50.7% YoY.

• Monday, October 25th 2021 - 09:20 UTC

  Climate change tops agenda during encounter between Argentine, US officials

  

  Argentina's Secretary of Strategic Affairs Gustavo Beliz and US National Security Advisor Jake Sullivan held a meeting in Washington DC to discuss the climate change agenda and the current negotiations with the International Monetary Fund, it was reported.

• Monday, September 28th 2020 - 09:20 UTC

  Coronavirus global death toll passed one million on Saturday

  

  The global death toll from the novel coronavirus, which emerged less than a year ago in China and has swept across the world, passed 1 million on Sunday. The pandemic has ravaged the global economy, inflamed geopolitical tensions, and upended lives, from Indian slums and Brazil's jungles to America's biggest city New York.