
The new government of Argentine president Javier Milei and its austerity policies to try and put the country's economy back on track received a strong boost from the International Monetary Fund, IMF, which approved the disbursement of US$ 4,7 billion.

Argentine President Javier Milei said his 25-minute meeting Wednesday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva at the World Economic Forum was “very good” after a verbal agreement was reached last week between the credit agency and the South American country. It was the first time that Milei and Georgieva saw each other face to face.

Argentine President Javier Milei is departing Monday to Davos, Switzerland, on regular airline flights with stopovers in Frankfurt and Zurich to participate in the World Economic Forum (WEF). According to Casa Rosada sources quoted by local media in Buenos Aires, he is also to have a one-on-one meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva.

After Argentina's Economy Minister Luis Toto Caputo announced Tuesday in Buenos Aires a series of measures to tackle inflation, the Communications Director of the International Monetary Fund (IMF) Julie Kozack said in a statement that “these strong initial actions aim to significantly improve public finances in a way that protects the most vulnerable in society and to strengthen the exchange rate regime.”

International Monetary Fund (IMF) Managing Director Kristalina Georgieva Tuesday announced that Chilean Economist Minister Rodrigo Valdés had been chosen to succeed the Brazilian Ilan Goldfajn as Regional Director of the global agency. Goldfajn left his post to become President of the Inter-American Development Bank (IDB).

Argentina's Economy Minister Sergio Massa and International Monetary Fund (IMF) Managing Director Kristalina Georgieva held a bilateral meeting this weekend at the Indian city of Bengaluru where arrangements were being made for the G20 Summit of heads of state and government later this year.

With the world's three major economies -the United States, the European Union, and China- slowing down simultaneously, 2023 will be tougher than the year we left behind, International Monetary Fund (IMF)'s Managing Director Kristalina Georgieva said during an interview with CBS. She also heralded in Washington that a third of the world economy will be affected by a recession.

International Monetary Fund (IMF) Managing Director Kristalina Georgieva Wednesday told Argentine President Alberto Fernández during the G20 summit in Bali, Indonesia, that it was very important that his country stayed on course as it has done so successfully during the past few months.

International Monetary Fund Managing Director Thursday praised the commitment of Argentine President Alberto Fernández's administration to comply with the debt-repayment program agreed upon.

The planet must prepare itself for a full-size recession, according to forecasts announced Monday by the heads of the International Monetary Fund (IMF) and the World Bank, who spoke of economic headwinds ahead.