Tag: Martin Guzman

• Monday, November 30th 2020 - 09:55 UTC

  Argentina in no rush to sign an agreement with IMF, says minister Guzmán

  

  Argentine Economy Minister Martin Guzman played down the chances of an early agreement with the International Monetary Fund to repay a US$ 44 billion loan, the Financial Times reported.

  Add your comment!
• Monday, November 16th 2020 - 09:20 UTC

  Argentine economic team in preventive isolation after contacts with IMF mission member tested positive

  

  Economy Minister Martin Guzman and other Argentine officials were placed in preventive isolation on Sunday after a member of a visiting IMF mission tested positive for COVID-19, the government said.

• Tuesday, November 10th 2020 - 09:40 UTC

  Argentina again appeals to the IMF; mission arrives for two weeks talks

  

  Argentina will seek an Extended Fund Facility (EFF) from the International Monetary Fund (IMF) to replace a failed US$ 57 billion facility, Economy Minister Guzman said on Monday, potentially buying the country more time to make repayments.

• Saturday, October 24th 2020 - 09:25 UTC

  Argentina loves the dollar and has total aversion for its own currency

  

  Argentina’s battle to control its currency is upending South America’s second-largest economy, wreaking havoc on everything from household finances to the production and sale of common goods.

• Saturday, October 17th 2020 - 09:57 UTC

  Argentine economy minister confident it can maintain the current exchange rate policy

  

  Argentine Economy Minister Martin Guzman said on Friday the country has the necessary instruments to maintain the current exchange rate policy, despite tumbling foreign reserves and a ballooning gap between the official and informal peso exchange rates.

• Friday, October 2nd 2020 - 09:51 UTC

  IMF mission expected next week in Argentina, announced minister Guzmán

  

  Argentina's Economy Minister Martin Guzman said on Thursday that a mission from the International Monetary Fund will arrive in the country next week as the country looks to negotiate a new program with the organization.

• Tuesday, September 1st 2020 - 08:57 UTC

  Argentina restructures 99% of US$ 66bn debt issued under foreign legislation: now IMF and debt in local legislation

  

  Recession-hit Argentina has managed to restructure 99% of US$ 66 billion in debt issued under foreign legislation, Economy Minister Martin Guzman announced on Monday.

• Friday, August 7th 2020 - 09:25 UTC

  Argentina planning for a new program agreement with the IMF by end of March

  

  Argentina aims to reach a deal with the International Monetary Fund over a new financing program before the end of March, a time frame that Fund veterans say is realistic if both sides show commitment. The news was reported by the economic media from Buenos Aires.

• Wednesday, August 5th 2020 - 08:56 UTC

  Argentina reaches an agreement with majority of creditors and looks to convince the undecided

  

  Argentina has reached an agreement with creditors to restructure around US$ 65 billion in sovereign debt, breaking a deadlock in talks that will help the country climb out of default and banish fears of a damaging and protracted legal standoff.

• Tuesday, August 4th 2020 - 10:40 UTC

  Argentine media and markets agree an agreement has been reached with bondholders

  

  Argentina and most of its top creditors are moving closer to an agreement to restructure US$ 65 billion of bonds, according to government sources in the Buenos Aires media. Likewise, the prospects of an agreement triggered a bonds rally, and the Merval stock index gained 6,6% the most in a month.