Tag: International Monetary Fund

• 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.

• Friday, August 7th 2020 - 09:25 UTC

  Argentina planning for a new program agreement with the IMF by end of March

  

  Argentina aims to reach a deal with the International Monetary Fund over a new financing program before the end of March, a time frame that Fund veterans say is realistic if both sides show commitment. The news was reported by the economic media from Buenos Aires.

• Friday, April 24th 2020 - 08:55 UTC

  IMF holding productive talks with Argentina; expects an accord with private creditors can be reached

  

  The International Monetary Fund’s discussions with Argentina have been very productive and the fund is willing to do whatever it can to help get the Argentine economy back on a solid footing, an IMF official told reporters.

• Tuesday, April 21st 2020 - 10:00 UTC

  UK and EU resume a week long round of Brexit trade talks; IMF concern, urges extension of deadline

  

  British and European Union (EU) officials restarted on Monday a week-long round of Brexit trade talks after a break because of the coronavirus, which is making an end-of-year deal look even more unlikely. After a first-round in early March negotiations were suspended for six weeks as officials focused on the deadly virus sweeping Europe.