Tag: International Monetary Fund, IMF

• Friday, November 1st 2019 - 09:52 UTC

  US expects Argentina to uphold its commitments to IMF, Mnuchin said

  

  The United States expects Argentina’s incoming Peronist government to uphold the country’s commitment to the terms of its US$ 57 billion International Monetary Fund loan program, U.S. Treasury Secretary Steven Mnuchin said.

• Tuesday, October 29th 2019 - 07:29 UTC

  IMF and US congratulate president elect Fernandez

  

  International Monetary Fund chief Kristalina Georgieva on Monday congratulated Alberto Fernandez, winner of Argentina's presidential elections, and vowed to work with his government to stabilize the economy.

• Monday, October 21st 2019 - 05:53 UTC

  Yuan at appropriate level says China, furious with IMF over quotas adjustments

  

  China's top central banker said on Saturday that potential escalation of trade tensions and policy uncertainty were the major risk factors facing the world economy, and market forces were keeping China's Yuan at an appropriate level.

• Thursday, September 26th 2019 - 09:56 UTC

  Resumption of Argentina's financial program with IMF frozen... and “will have to wait”

  

  Argentina’s financial program with the International Monetary Fund (IMF) will be on hold for some time as the nation grapples with severe political and economic uncertainty, the Fund’s Acting Managing Director David Lipton said an interview.

• Thursday, September 26th 2019 - 07:42 UTC

  Bulgaria's Georgieva is the new IMF Managing Director; second woman in the post, takes office October first

  

  The International Monetary Fund on Wednesday formally selected Kristalina Georgieva of Bulgaria to be only the second woman ever to lead the 189-member institution. The selection had been all but guaranteed after the global crisis lender said earlier this month that Georgieva, a former World Bank CEO, was the sole candidate.

• Tuesday, September 24th 2019 - 09:53 UTC

  Argentine biggest bondholders to meet with Treasury Secretary Lacunza

  

  A group of Argentina’s biggest bondholders will meet with the country’s treasury minister in New York this Monday to hear how Latin America’s third-largest economy plans to dig itself out of its latest debt crisis.

• Tuesday, September 24th 2019 - 09:26 UTC

  Argentina Needs Intensive Care

  

  By Anne Krueger (*) - Argentina's President Mauricio Macri knew that he had inherited a sick economy when he took office in 2015, but failed to take his medicine. As a result, the country now has no choice but to face up to a period of painful structural adjustment.

• Monday, September 16th 2019 - 09:47 UTC

  IMF choice: to unlock or not to unlock the last tranche of funds for Argentina

  

  The International Monetary Fund has a tough choice to make in Argentina: unlock US$5.4 billion in funds under the country’s loan deal as the government strains to stave off default, or hold the money back and risk sparking more market panic.

• Thursday, September 5th 2019 - 09:57 UTC

  Argentine markets rebound, despite thousands of protestors in the streets

  

  Argentine markets held steady on Wednesday, even as thousands of protesters took to the streets to demonstrate against the government of President Mauricio Macri and a darkening economic outlook in the recession-hit South American country.

• Monday, September 2nd 2019 - 09:50 UTC

  IMF supports Argentina and its temporary currency controls

  

  The International Monetary Fund said it will stand by Argentina after the government authorized currency controls on Sunday in an about-face by President Mauricio Macri, who had previously lifted many protectionist practices of his predecessor, Cristina Fernandez de Kirchner.