News of debt

IMF chief praises Massa's 'stabilising plan,' talks over review continue

12-09-2022 22:03 Argentina and the IMF to continue talks over latest disbursement of funds, says multilateral lender’s chief after high-level talks with Sergio Massa.

New economy chief wins IMF praise on first trip

12-09-2022 20:59 IMF Managing Director Kristalina Georgieva praises "strong steps" Economy Minister Sergio Massa has taken to stabilise the economy following meeting in Washington.

Argentine bond rebound stalls as new minister faces a mountain to climb

18-08-2022 16:53 Initial market confidence in Sergio Massa has faltered. New “super” minister must prove he can turn his promises to slow inflation into reality, as debt rebound decelerates.

Argentine debt plumbs new depths as political tensions mount

11-07-2022 15:43 Even by the standards of Argentina’s debt crisis and default of 2020, the nation’s sovereign bonds are now trading at unprecedented lows.

IMF ‘looking forward’ to working with Batakis at ‘difficult moment’

07-07-2022 16:06 New economy minister speaks with multilateral lender’s chief Kristalina Georgieva, who says Batakis confirmed her “commitment” to IMF refinancing programme.

Paris Club requires Argentina stick to IMF deal to rework debt

07-07-2022 14:20 Paris Club group of wealthy creditors says government must give assurances that it will comply with IMF deal if talks over restructuring of debt are to continue.

2,800 Argentines slipping into poverty every day, experts warn

23-06-2022 23:20 Private estimates reveal horrifying social data underlining that being employed, whether formally or informally, is no guarantee against being poor. With annual inflation approaching three digits and sustained price increases for food and beverages above the monthly average, family incomes are increasingly falling short.

by Gonzalo Martínez

Guzmán surprises markets with last-minute debt bond swap

23-06-2022 00:00 Economy Ministry eases 60% of June debt burden in local swap, drastically reducing pressure on the government; Government makes US$2.7-billion payment to IMF.

Ex-guerrilla takes on maverick in race to be Colombia's president

18-06-2022 01:20 A former leftist guerrilla and a millionaire businessman will go head-to-head on Sunday hoping to become the new president of Colombia.

Colombians set to vote in high stakes presidential run-off

17-06-2022 18:22 Colombians vote Sunday in a presidential run-off. Opinion polls have leftist Gustavo Petro and businessman Rodolfo Hernández neck-and-neck.

Argentina formalises debt repayment deferment with Paris Club

31-05-2022 13:07 President Alberto Fernández's government reaches a deal with the Paris Club to postpone payments on more than US$2 billion of debt for more than two years.

Colombian outsider makes run-off with real shot at presidency

31-05-2022 11:18 Rodolfo Hernández, who was little known at the start of the year, surged into Colombia’s presidential run-off – and he now has a real chance at winning against leftist rival Gustavo Petro.

Colombia’s number one banker has no fear of leftist front-runner

19-05-2022 08:00 Luis Carlos Sarmiento Gutiérrez would figure to be one of the people fretting the most about the looming election of the first left-wing leader in Colombia’s modern history. But, at least publicly, he betrays little angst about the outcome of the vote this month. 

Government trusts in recalibration as IMF audits accounts

17-05-2022 15:57 Official data revealed six percent inflation for April; Once chapter of raising public utility rates is closed, International Monetary Fund will focus on nation’s deficient accumulation of reserves.

Guzmán tells IMF: ‘We will prioritise social spending’

22-04-2022 23:34 Economy minister meets with International Monetary Fund Kristalina Georgieva, tells her Argentina’s government has complied with targets laid out in US$44.5-billion debt restructuring deal.

IMF admits new Argentina debt deal faces ‘high risks’

01-04-2022 19:50 Gerry Rice, spokesman for the multilateral lender, concedes agreement faces “high risks” due to social and economic situation, war in Ukraine.

Sergio Massa: ‘I stopped basing my politics on articles or opinion polls a long time ago’

25-03-2022 12:00 Lower House speaker on tensions in the ruling coalition, the approval of the IMF debt deal and whether he’ll run for the Presidency in 2023.

by Jorge Fontevecchia

Postponement of Paris Club debt payment gives breathing room

23-03-2022 15:39 Argentina's government has secured an extension of an agreement with the Paris Club group of rich nations that allows it to postpone an imminent payment of about US$2 billion.

IMF admits Ukraine war will impact targets in Argentina’s new programme

18-03-2022 17:50 International Monetary Fund admits economic consequences of Russia's attack on Ukraine will likely impact upon targets outlined in Argentina’s new financing programme.

Senate approves IMF deal, now goes to board vote

18-03-2022 09:10 In a 56-13 vote with three abstentions, senators approve legislation underpinning Argentina’s latest IMF programme.