Buenos Aires Times

argentina ECONOMIC TURBULENCE

IMF appoints official ahead of re-opening of office in Argentina

Jamaican economist Trevor Alleyne will be the IMF's representative in Buenos Aires, as organisation returns to Argentina, six years after leaving.

Tuesday 16 October, 2018
Jamaican economist Trevor Alleyne.
Jamaican economist Trevor Alleyne. Foto:TWITTER

More Economy News

The International Monetary Fund has announced that Jamaican economist Trevor Alleyne will be the institution's representative in Argentina, after confirming it had decided to reopen an office in Buenos Aires, six years after leaving.

The decision comes after Buenos Aires reached a deal with the IMF on the money supply, interest rates and an exchange rate framework. 

In exchange for these measures, the Fund agreed to speed up payment of a US$57.1-billion loan granted in June to Latin America's third-largest economy, now in another economic crisis.

Alleyne, an IMF staffer since 1992 with more than a quarter of a century's experience with the organisation, will be the Fund's representative in Buenos Aires. He has previously overseen IMF missions in countries such as Nigeria, Zambia, Jamaica, Peru, Venezuela and Ecuador. 

According to the Noticias Argentinas news agency, Alleyne will serve as the Fund's "resident representative" in Argentina, becoming the first point of contact between the IMF and the Argentine government's economic team. The IMF will, at least for now, be based inside an office at the Central Bank, the agency said.

The IMF has offices in around 70 countries.

- TIMES/AFP/NA

Op-Ed

Top Stories

  1. 1Police investigating death of media personality Natacha JaittPolice investigating death of media personality Natacha Jaitt
  2. 2Chile announces formal withdrawal from UNASUR
  3. 3CFK returns to Cuba after death of mother Ofelia Wilhelm
  4. 4Argentina and Colombia will co-host 2020 Copa América tournament
  5. 5Mohamed A. El-Erian: What data says about China, global economy
  6. 6Femicides in Argentina: 13 women murdered in first 20 days of March
  7. 7Blood results fail to show Natacha Jaitt consumed cocaine prior to death
  8. 8Shortages hit Cuba, raising fears of new economic crisis
  9. 9China's ambitious train plan crawls through Chile's bureaucracy
  10. 10Buenos Aires Book Fair returns for 2019: what to look out for