IMF DEBT PROGRAMME IMF says Argentina must 'contain' public spending on wages, pensions 25-08-2023 11:36 IMF statement stresses need for Argentina to "contain spending on wages and pensions."
DEBT DISBURSEMENT IMF approves US$7.5 billion for Argentina despite missed targets 24-08-2023 01:04 Multilateral lender approves massive disbursement, extending a financial lifeline to government ahead of a tight presidential race; Sergio Massa holds talks with Kristalina Georgieva in Washington.
IMF DEBT DEAL Government gets disbursement lifeline after Fund board approval 23-08-2023 23:02 The board decision completes the fifth and sixth reviews of the programme and enables immediate disbursement of the US$7.5-billion payment, according to an IMF statement.
MASSA IN WASHINGTON Argentina says IMF to allow currency intervention to hold range 23-08-2023 22:42 IMF to allow Argentina to intervene in currency markets if peso drifts above or beyond a certain range, says Economy Minister Sergio Massa.
IMF DEBT PROGRAMME IMF board approves US$7.5-billion disbursement for Argentina 23-08-2023 14:46 Spokesperson for Economy Minister Sergio Massa says IMF's executive board has approved release of US$7.5 billion in funds to Argentina.
IMF DEBT PROGRAMME Massa heads to US for talks with IMF on loans 21-08-2023 08:40 Sergio Massa will travel to the United States on Monday for talks with the International Monetary Fund on the country’s refinancing disbursements amid the peso’s devaluation.
PASO REACTION Argentina seeks larger IMF disbursement after 18% devaluation 14-08-2023 22:16 Argentina intends to ask the International Monetary Fund to increase a disbursement planned for later this month by an unspecified amount
IMF DEBT DEAL Argentina gets US$775-million loan from Qatar to repay IMF 04-08-2023 04:38 Argentina is paying the International Monetary Fund with help from Qatar, the latest creative accounting measure by the government intended to honour its debt obligations.
IMF DEBT TALKS Argentina expects to reach IMF staff-level agreement Friday 17-07-2023 17:18 Officials expect to close a staff-level agreement with the International Monetary Fund by Friday after months of negotiations over the US$44-billion programme.
IMF DEBT TALKS IMF ‘negotiating intensively’ with Argentina, says spokesperson 13-07-2023 15:02 Argentina and the International Monetary Fund are "working intensively" to reach an agreement over the fifth review of the country’s record credit programme; Economy Ministry officials head to Washington.
ELECTION 2023 Sergio Massa’s Argentina election bid puts IMF staff in a bind 08-07-2023 06:31 As government seeks new deal, October presidential vote looms; Observers worry that generous terms would aid Massa’s campaign.
IMF DEBT Argentina to unify July IMF debt dues into single payment 06-07-2023 15:22 Economy Ministry officials postpone trip to United States for talks with International Monetary Fund as differences between both parties persist.
IMF DEBT TALKS Argentine officials push back trip to Washington as IMF talks drag on 05-07-2023 13:03 Key Economy Ministry officials postpone trip to United States for talks with International Monetary Fund as differences between both parties persist.
IMF DEBT DEAL Government makes IMF loan repayment partly with yuan 01-07-2023 08:36 Short on dollars, President Alberto Fernández's government has made a US$2.7-billion loan repayment to the International Monetary Fund partly using Chinese yuan.
IMF DEBT DEAL Argentina pays IMF as negotiations to continue in Washington 30-06-2023 21:44 Government makes two payments owed to the International Monetary Fund before a Friday deadline; Senior officials Leonardo Madcur and Gabriel Rubinstein to hold discussions over a new staff-level agreement next week in Washington.
IMF DEBT Argentina to pay US$2.7 billion as IMF negotiations continue 29-06-2023 18:22 Government set to make payment due in June to the International Monetary Fund. In order to avoid a further dollar haemorrhage, payment will be made in part in Chinese currency, with the rest from unused Special Drawing Rights.
IMF DEBT DEAL Latin America leaders ask Biden to back Argentina in IMF talks 23-06-2023 00:47 Group of Latin American presidents urge US President Joe Biden to support Argentina in ongoing negotiations over its US$44-billion programme with the IMF.
IMF DEBT DEAL Argentina asks IMF to postpone payments until end of month 22-06-2023 18:17 Government winks at multilateral lender, looking to smooth payments as negotiations over agreement continue; Economy Ministry sends proposal for unified payment at end of month with expectation of prompt reply.
Debt deal talks IMF: Argentina facing ‘very complex’ economic situation 08-06-2023 16:50 Spokesperson for International Monetary Fund says multilateral lender is working “very hard” with government in Buenos Aires; Talks with President Alberto Fernández’s administration, which wants up to US$20 billion of disbursements advanced ongoing.
IMF DEBT TALKS IMF ‘evaluating’ new government measures as talks continue 18-05-2023 20:41 International Monetary Fund says they are still "evaluating the measures" announced this week by Argentina’s government, as negotiations over changes to the country’s multi-billion-dollar credit-line advance.
IMF DEBT TALKS IMF confirms progress in Argentina programme talks 09-05-2023 10:34 International Monetary Fund spokesperson says talks with Argentina over a reformulation of its record credit programme amid historic drought are “progressing in a constructive manner.”
POLITICAL INSIDER Alberto, CFK and Massa: three different strategies for upcoming elections 30-04-2023 09:07 Sergio Massa’s management is supported by Vice-President Cristina Fernández de Kirchner, but she has not blessed his candidacy. President Alberto Fernández insists that he will present his own hopeful, but the economy minister’s battle against inflation and currency crises – and how they play out – could be the deciding factor. by Rosario Ayerdi
FIERY SPEECH FROM CFK Cristina attacks Milei's dollarisation plan, blames IMF for inflation 27-04-2023 23:52 Vice-president declares that dollarisation would be “worse than convertibility” as she delivers highly anticipated speech that attacks IMF policies, opposition ‘inheritance’ and Javier Milei.
ELECTION 2023 CFK confirms she will not run for presidency 27-04-2023 23:27 Cristina Fernández de Kirchner reiterated on Thursday that she will not be a candidate in the October presidential elections.
DEBT PROGRAMME IN DOUBT? Argentina and IMF go back to drawing board on debt deal 27-04-2023 23:04 As an exchange rate crisis ravages the strength of the peso, spokespeople from the International Monetary Fund and the government confirm that “constructive” talks are underway to redraw terms of Argentina’s US$44.5-billion debt programme.
POLITICS & ECONOMY Fernández de Kirchner blames IMF for peso sell-off, inflation 27-04-2023 23:02 Cristina Fernández de Kirchner criticises the International Monetary Fund for prohibiting Argentina's Central Bank from intervening in financial markets to tame currency volatility in keynote speech.
IMF DEBT PROGRAMME Kirchnerites ramp up pressure ahead of IMF talks 20-04-2023 18:22 Argentina and the IMF agree to renegotiate US$44-billion programme amid concerns over impact of drought; Interior Minister Eduardo de Pedro slams deal for creating “vicious inflationary circle” and says “everything has to be re-discussed.”
MONETARY POLICY Central Bank lifts rate to 81% as inflation jumps 20-04-2023 15:58 Argentina's Central Bank raises its benchmark interest rate by 300 basis points to 81% in response to March inflation data.
IMF DEBT PROGRAMME Argentina and IMF to rework US$44-billion deal as drought hits economy 15-04-2023 12:48 Argentina and the International Monetary Fund are going back to the drawing board again over US$44-billion programme as concerns increase that record drought will push the country into recession.
DEBT DEAL ‘Severe drought harming Argentina’s population,’ admits IMF chief 13-04-2023 18:09 Brazil’s President Lula claims International Monetary Fund is choking Argentina’s economy as it struggles to comply with its US$44-billion programme.
IMF DEBT PROGRAMME IMF calls for ‘stronger policy package’ from Argentina 02-04-2023 09:14 International Monetary Fund calls on government to adopt "a stronger policy package" in the face of economic crisis and historic drought.
CENTRAL BANK Argentina raises key rate to 78% for first time since September 16-03-2023 17:43 Argentina raised its benchmark rate on Thursday for the first time since September after annual inflation surpassed 100%.
POLITICS & ECONOMY Opposition slams government’s plans for peso debt swap 06-03-2023 14:41 Opposition economists slam impending peso debt swap between the government and local banks, saying it will add to the fiscal problems facing next administration in December.
IMF DEBT DEAL Argentina seeks fresh IMF approval – and US$5 billion in funds 21-02-2023 15:58 Top officials head to Washington for talks with IMF over latest quarterly review; Government needs to boost reserves amid strong foreign currency outflows and punishing drought that has wrecked agricultural harvest projections.
DEBT TALKS Massa: Argentina has reached debt agreement with Paris Club 28-10-2022 15:50 Economy minister Sergio Massa says government has "successfully" reached an agreement with the Paris Club to restructure just under US$2 billion in debt.
ARGENTINA & THE IMF Lula criticises Alberto Fernández for sticking to IMF debt deal 29-09-2022 14:11 Former Brazil president and candidate in this Sunday’s election says Argentina’s leader is “in a bind” and has disappointed voters by attempting to resolve the nation's US$44.5-billion debt deal.
NEW ECONOMY MINISTER Batakis: Argentina will honour economic goals agreed with IMF 11-07-2022 13:34 New Economy Minister Silvina Batakis tells the press that Argentina is “not going to spend more than we have," but experts warn that “seeing is believing.”
INTERVIEW / PERIODISMO PURO Nicolás Dujovne: ‘This government’s economic programme is inflationary’ 17-06-2022 08:00 Former economy minister Nicolás Dujovne on the Cambiemos administration, the IMF debt deals and Argentina’s ongoing struggle with inflation. by Jorge Fontevecchia
BLOOMBERG Argentina finishes first IMF review as path to targets may shift 09-06-2022 09:07 IMF staff and Argentine authorities agree that the annual objectives established at approval of the arrangement will remain unchanged.
IMF DEBT IMF: Targets in Argentina’s debt deal ‘have not changed’ 19-05-2022 16:09 Fund Spokesperson Gerry Rice says staff are making “good progress” in review of debt restructuring deal, but that its “objectives have not changed.”
IMF DEBT 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.
INTERVIEW / PERIODISMO PURO Jeffrey Sachs: ‘Argentina needs the continuity of reasonable policies, not heroics’ 29-04-2022 16:32 Renowned economist Jeffrey Sachs on Argentina’s IMF debt restructuring deal, the global economic impact of Russia’s invasion of Ukraine and post-pandemic politics. by Jorge Fontevecchia
IMF DEBT DEAL 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 DEBT 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.
BLOOMBERG Argentina's IMF deal fails to revive bonds stuck around 30 cents 29-03-2022 16:56 Argentina's bonds maturing in 2035 are little changed since President Alberto Fernández’s administration reached an agreement with IMF.
IMF DEBT DEAL Argentina receives US$9.7B after IMF board signs off on debt deal 25-03-2022 20:36 IMF chief Kristalina Georgieva warns that “risks” lie ahead, concedes “early recalibration” of programme may be necessary.
BLOOMBERG - ANALYSIS IMF approves Argentina’s US$45-billion deal already facing risks 25-03-2022 16:40 The International Monetary Fund has approved Argentina’s US$45-billion agreement, the final step to cement a deal that’s already facing economic and political challenges.
INTERVIEW / PERIODISMO PURO 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
IMF DEBT DEAL IMF board to meet Friday to discuss Argentine debt deal 19-03-2022 18:46 The International Monetary Fund announced Saturday that its board of directors will discuss Argentina’s US$45-billion agreement on March 25, the final step of approval after two years of negotiations.
IMF DEBT DEAL 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.