Tag: International Monetary Fund, IMF

• 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.

• Thursday, August 29th 2019 - 09:49 UTC

  IMF held “productive talks” in Argentina and is analyzing the impact of the latest debt operation announced

  

  The International Monetary Fund is analyzing the impact of a new debt plan announced by Argentina’s Treasury Ministry on Wednesday, an IMF spokesman said. IMF staff understands that Argentina has taken “important steps” to address liquidity needs and safeguard reserves, the statement by IMF spokesman Gerry Rice said.

• Saturday, August 24th 2019 - 09:54 UTC

  IMF mission arrives to Argentina this Saturday: US$ 5.3bn disbursement to be considered

  

  Delegates from the International Monetary Fund (IMF) land in Buenos Aires Saturday as concerns about Argentina’s economy cast doubt upon the future of its record US$56 billion bailouts. The date of the trip was agreed with the Argentine central bank chairman, Guido Sandleris.

• Wednesday, August 21st 2019 - 09:56 UTC

  Stabilizing the Peso, priority of the new Argentina finance minister; markets still unconvinced

  

  Argentina's new finance minister made stabilizing the country's battered currency his top priority on Tuesday, while still pledging to meet commitments made to the International Monetary Fund, which is sending a team to Buenos Aires.

• Monday, August 19th 2019 - 08:58 UTC

  Fernandez wants to renegotiate IMF loan terms, in current conditions Argentina can't repay its debts

  

  Opposition candidate, Alberto Fernandez, said that Argentina would struggle under present conditions to repay a loan to the International Monetary Fund and he would seek to renegotiate the repayment terms, according to an interview published on Sunday by the newspaper Clarin.

• Saturday, August 10th 2019 - 07:32 UTC

  China's growth vulnerability to US tariffs exposed by the IMF

  

  China's economy already is slowing amid the trade conflict with the United States, but if Washington were to ramp up tariffs even further it could cut Chinese growth sharply, the IMF warned on Friday.

• Saturday, August 10th 2019 - 06:29 UTC

  The Economist on Mauricio Macri's reelection chances in Argentina

  

  Ahead of Sunday's primaries' mandatory vote, The Economist published the following on Argentine president Macri's chances of reelection, in what seems a very tight competition with Kirchnerism.

• Saturday, August 3rd 2019 - 17:07 UTC

  Bulgaria's Kristalina Georgieva, EU's candidate for IMF chief

  

  Known for rolling up her sleeves, Bulgaria's Kristalina Georgieva has been lauded as the life of the party, as well as for her tenacity. The guitar-playing environmental specialist, who was nominated on Friday as the EU's candidate to head the International Monetary Fund (IMF).

• Saturday, July 6th 2019 - 09:35 UTC

  IMF expected to release the next US$ 4.5bn disbursement to Argentina in mid July

  

  The International Monetary Fund reached an agreement with Argentina that will allow release of the next US$5.4 billion disbursement under the loan program intended to help stabilize the nation’s economy.

• Tuesday, May 14th 2019 - 11:12 UTC

  IMF says it can live with another possible government of Cristina Fernandez

  

  The head of the IMF mission currently in Buenos Aires for the fourth review of the economic program signed by the administration of president Mauricio Macri last year, said that the Fund does not fear a possible return of ex president Cristina Fernandez to office.