Tag: International Monetary Fund

• Wednesday, February 12th 2020 - 09:28 UTC

  Challenging week for the Fernandez administration as the IMF mission arrives in Buenos Aires

  

  A challenging week for the administration of Argentine president Alberto Fernandez and his foreign debt strategy. IMF negotiators land in Buenos Aires this Wednesday for their first mission since Fernandez took office in December. Before agreeing to any changes in the terms, negotiators will want to see Fernandez’s blueprint for tackling more than US$ 320 billion in total debt and for rescuing an economy that’s forecast to shrink for a third straight year.

• Thursday, February 6th 2020 - 08:58 UTC

  Pope Francis calls for debt sustainability to alleviate the suffering of people

  

  Pope Francis staged a surprise visit to admonish the International Monetary Fund chief and several finance ministers to help alleviate the debt burden of struggling countries, calling for “a new financial architecture” to ensure social justice.

• Thursday, February 6th 2020 - 08:44 UTC

  Statement by IMF Managing Director Kristalina Georgieva on Argentina

  

  Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement after meeting with Argentina’s Economy Minister Martin Guzmán in Rome:

• Saturday, February 1st 2020 - 08:55 UTC

  Pope Francis and president Alberto Fernandez examined Argentine problems

  

  A smiling Pope Francis welcomed the new president of Argentina, Alberto Fernández, to the Vatican on Friday morning and then spoke with him in a private audience for 45 minutes, signaling that good relations exist between the two leaders and suggesting that this could perhaps open the door for the pontiff’s first visit to his homeland since his election—though the president later said they did not discuss this.

• Thursday, January 30th 2020 - 08:24 UTC

  IMF positively cautious about Argentina's public policies prospects

  

  Greater certainty around Argentina’s public policies could help reactivate growth and investments in the recession-hit country, the International Monetary Fund said on Wednesday.

• Tuesday, January 28th 2020 - 08:16 UTC

  Argentina's economy minister scheduled to meet IMF officials

  

  Argentine Economy Minister Martin Guzman will meet with International Monetary Fund officials in New York on Tuesday, an IMF spokesman said on Monday, as the government continues talks with its biggest creditor ahead of a massive debt restructuring.

• Monday, January 27th 2020 - 08:19 UTC

  Argentine economy minister in New York for talks with IMF and US Treasury officials

  

  Argentina's Economy Minister Martin Guzman iis in New York and on Monday will be participating of a conference at the Council of Americas. Later in the day he will meet h International Monetary Fund and U.S. Treasury officials, as part of Argentina's efforts to revive growth and renegotiate its debts.

• Saturday, January 18th 2020 - 08:58 UTC

  Support words from IMF chief for Argentina's efforts to recover the economy

  

  International Monetary Fund Managing Director Kristalina Georgieva said on Friday the lender has had “very constructive” exchanges with Argentina's new Peronist government and would do whatever possible to assist the indebted country.

• Saturday, January 18th 2020 - 08:46 UTC

  IMF warns that the US/China accord is a “trade truce, and not the same as trade peace”

  

  The United States and China still have a long way to go to resolve their trade disputes although the partial deal signed this week is a step forward, IMF chief Kristalina Georgieva said on Friday. “Trade truce is not the same as trade peace,” she said.

• Monday, January 13th 2020 - 09:30 UTC

  Argentine president puts a deadline to renegotiates public debt: March 31

  

  President Alberto Fernandez said he has set a March 31 deadline to renegotiate Argentina’s rampant public debt and that a more “innovative” International Monetary Fund approves of the direction his government is taking.