Argentina is to receive US$ 700 million to increase the Central Bank's reserves after the IDB Board of Directors agreed Wednesday to a Special Development Financing (SDL) package in light of Superminister Sergio Massa's presence in Washington DC for the annual meeting of the International Monetary Fund (IMF) and the World Bank.
Following last week's figures from Argentina's National Institute of Statistics and Census (Indec) pointing out that 50% of the country's children under 15 lived in poverty, researcher Agustín Salvia said the data were “in line with what was expected.”
An agreement has been reached between Argentina's Single Union of Argentine Tire Workers (SUTNA) and the three companies operating in the country, thus bringing the five-month conflict that left the country virtually tireless to an end.
Argentine Interior Minister Wado De Pedro's trip to the United States alongside a delegation of governors of the country's Grand North has come to an end.
Argentina's Federal Administration of Public Revenues (AFIP) tax bureau has lowered the cap from US$ 3,000 to US$ 1,000 on door-to-door online purchases effective Sept. 23, in a move to curb foreign currency expenditures that drain the Central Bank's reserves.
The Managing Director of the International Monetary Fund, Kristalina Georgieva, met this week with Sergio Massa, Minister of Economy of Argentina, in Washington D.C. The meeting took place after a fruitful week of face-to-face technical meetings in the context of the second review of the program under the IMF’s Extended Arrangement with Argentina. After the meeting, Ms. Georgieva issued the following statement:
Argentina's Superminister Sergio Massa and International Monetary Fund (IMF) Managing Director Kristialina Georgieva Monday reached an agreement for a US$ 4 billion loan for the country's Central Bank (BCRA).
Superminister of Economy Sergio Massa was among the first to condemn through his Twitter account the attack against Argentine Vice President Cristina Fernández de Kirchner (CFK):
Supporters of Vice President Cristina Fernández de Kirchner (CFK) and Buenos Aires Metropolitan Police clashed in the Buenos Aires uptown Recoleta neighborhood late Saturday in an episode riddled both with violence and with political consequences for Argentina''s future.
Argentina's Superminister Sergio Massa Friday called for the strengthening of bilateral trade with India after a meeting with Foreign Minister Subrahmanyam Jaishankar, who is touring Latin America and held an encounter Thursday with President Alberto Fernández.