
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.

International Monetary Fund Managing Director Kristalina Georgieva arrived in Montevideo for talks on Thursday with President Yamandú Orsi and the country's senior economic officials, on a visit made at the invitation of the Uruguayan government.

International Monetary Fund Managing Director Kristalina Georgieva on Monday endorsed the economic program of Javier Milei's government during a visit to Buenos Aires and ruled out that the country will need additional financing from the institution next year, when presidential elections are due. Argentina today is in a strong position, she said at a press conference alongside Economy Minister Luis Caputo.

Argentine Economy Minister Luis Toto Caputo held key meetings on Monday in Wasdhington, DC, with US Treasury Secretary Scott Bessent and International Monetary Fund (IMF) Managing Director Kristalina Georgieva in search for a lifeline ahead of the Oct. 26 midterm elections when the ruling La Libertad Avanza (LLA) of President Javier Milei will seek to build political muscle to face the administration's remaining two years. A concrete announcement is expected from Caputo's meetings.

International Monetary Fund Deputy Managing Director Gita Gopinath announced this week that she will be resigning from her position at the end of August to return to teaching at Harvard University. I have decided to return to my academic roots, she explained.

Colombian President Gustavo Petro said the International Monetary Fund (IMF) authorities were “vampires” who suspended his country's access to a US$ 8.1 billion flexible credit line on Saturday.

International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed once again her support for Argentina's economic policies following an encounter with Argentine Economy Minister Luis Toto Caputo during the IMF and World Bank Spring Meetings in Washington.

Argentine President Javier Milei met Thursday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva in Washington, D.C., to discuss the South American country's stabilization and growth plan and advance negotiations for a new loan.

Argentina's Deregulation Minister Federico Sturzenegger met Sunday in AlUla, Saudi Arabia, with International Monetary Fund (IMF) Managing Director Kristalina Georgieva. They were both attending the Conference for Emerging Market Economies.

By Alejandro Werner (*) - The author thanks Ignacio Albe, Olivier Blanchard, Martina Copelman, Joseph Gagnon, José de Gregorio, Patrick Honohan, Douglas Irwin, Maurice Obstfeld, and other PIIE colleagues for their comments and suggestions.