News of georgieva

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."

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 packs bags for Washington and IMF meeting

16-08-2023 13:59 Just days after being defeated by Javier Milei at the ballot box, Sergio Massa schedules visit to Washington for talks with International Monetary Fund designed to shore up Argentina's economy.

IMF DEAL

Massa-IMF: secret meeting with Georgieva, agreement on horizon

20-07-2023 16:57 Serio Massa fine-tunes negotiations with the head of the IMF. Two other officials travelled to Washington for the fine print. Key backing from US, Germany and China.

by Ariel Maciel

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

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.

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.

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.

NEIGHBOURLY INTERVENTION

Lula says IMF is choking Argentina’s economy with debt

13-04-2023 12:52 Brazil’s president 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.

IMF DEBT PROGRAMME

IMF board approves US$5.3-billion loan disbursement for Argentina

31-03-2023 19:48 International Monetary Fund’s executive board on Friday approved a US$5.3-billion disbursement to Argentina, a key step forward in the government’s programme that’s faced setbacks amid a worsening economic outlook.

IMF DEBT REVIEW

IMF ready to ease targets after review of Argentina's debt deal

13-03-2023 21:11 International Monetary Fund confirms staff-level agreement with Argentina on fourth review of debt programme and calls for “modification of net international reserve accumulation target”; News paves way for new US$5.3-billion disbursement later this month.

IMF DEBT DEAL

Argentina to change IMF net reserve target for third time

26-02-2023 08:46 Argentina and the IMF are discussing a smaller figure for net reserve accumulation in 2023, a cornerstone of the deal seen as the only major anchor providing some stability to the economy.

WHAT LIES AHEAD IN 2023

Economy 2023: inflation and austerity in an election year

11-01-2023 23:28 The new year will be in a state of permanent tension, as Argentina grapples with spending cuts contained in the agreement with the International Monetary Fund and the political needs of a president in an election year.

IMF DEBT PROGRAMME

IMF clears way for latest US$6-billion disbursement

03-12-2022 23:17 "Prudent macroeconomic management and efforts to mobilise external financing are supporting stability," declares IMF mission team as latest staff review is signed off.

Central Bank reserves

Argentina to brings back exchange rate that led to IMF exception

26-11-2022 08:01 Economy Minister Sergio Massa to revive 'soy dollar' currency measure to boost soy exports and prop up Central Bank reserves that generated backlash from the International Monetary Fund.

FOREIGN POLICY & DIPLOMACY

Alberto Fernández eyes progress in Bali at G20 summit

14-11-2022 13:37 Russia-Ukraine talks and IMF surcharges on the agenda for the president, who will attend event hosted by US leader Joe Biden and hold a bilateral meeting with Chinese Premier Xi Jingping.

POLITICS & ECONOMY

Sergio Massa: Stuck between Cristina and Kristalina

02-11-2022 17:46 Argentina’s ‘super’ economy minister is torn between the demands of the International Monetary Fund and the wing of the ruling coalition led by Vice-President Cristina Fernández de Kirchner.

by Carlos Claá

IMF DEBT DEAL

IMF board approves review, frees up additional US$3.8 billion in funds

08-10-2022 10:17 International Monetary Fund's board approves a new loan tranche of US$3.8 billion to Argentina; Government granted two waivers.

WHEN ALBERTO MET KRISTALINA

‘Doing well’ – IMF chief backs Argentina's course in meeting with president

19-09-2022 17:05 IMF Managing Director Kristalina Georgieva briefs media on “excellent” meeting with President Alberto Fernández; Reiterates praise for Economy Minister Sergio Massa, declaring: “Three ministers, one programme.”

by Rosario Ayerdi

INTERNATIONAL MONETARY FUND

'Inflation tops the list' of Argentina's problem, says IMF director

14-09-2022 09:24 Inflation is the main problem afflicting Argentina's economy, International Monetary Fund (IMF) chief Kristalina Georgieva said Tuesday.

ECONOMY MINISTER IN WASHINGTON

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.

ECONOMY MINISTER IN WASHINGTON

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.

IMF QUARTERLY REVIEW

Next round of IMF talks complicated by weak reserves

26-08-2022 11:09 In September, Argentina will sit down with the IMF to discuss the objectives pledged for the second half of the year. Two variables will be under the microscope: inflation and the Central Bank’s level of dollar support. The technocrats responding to Kristalina Georgieva will not accept creative accountancy. Agreements with foreign banks to beef up reserves are on the cards.

Bloomberg

IMF sees Argentina committed to programme, with downside risks

26-07-2022 13:27 Officials re-iterate Argentina’s commitment to IMF $44 billion programme, despite economy in deepening crisis and risks on the downside.

IMF DEBT DEAL

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.

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

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

Argentina inks US$45-billion staff-level IMF deal in key step

03-03-2022 21:02 Staff-level accord, which includes commitments to narrow fiscal deficit and money-printing while unwinding energy subsidies, will seek to address “persistent” high inflation and public finances.

IMF DEBT DEAL AGREED

Government announces debt deal with International Monetary Fund

03-03-2022 15:21 Government confirms it has finalised an agreement with the International Monetary Fund to refinance its US$44-billion debt with the multilateral lender.

IMF DEBT DEAL

IMF board to discuss progress in Argentina programme on Wednesday

15-02-2022 21:30 The International Monetary Fund’s board of directors will meet on Wednesday to discuss the state of negotiations with Argentina.

IMF DEBT

Argentina's government pays IMF US$370 million in debt interest

04-02-2022 23:20 Argentina on Friday paid US$370 million to the IMF as interest on a US$44-billion debt that was rescheduled late last month, officials said.

IMF DEBT TALKS

IMF chief: No alternative to deal with Argentina

04-02-2022 18:41 IMF Managing Director Kristalina Georgieva warns that there is “no alternative” to Argentina's pending agreement with the Washington-based crisis lender, warning that country’s struggle with inflation and poverty will worsen without a deal.

IMF DEBT DEAL

IMF focus on saving Argentina from dangerous inflation path

04-02-2022 11:00 IMF Managing Director Kristalina Georgieva says lessons have been learned from 2018 and that the Fund's "main focus" is to help Argentina tackle high inflation.

IMF DEBT TALKS

Government agrees new financing deal with IMF

28-01-2022 22:10 President Fernández announces ‘reasonable’ deal with multilateral lender; Government commits to progressive reduction of fiscal deficit; Guzmán says Central Bank financing of the Treasury will be trimmed; Argentina won’t make any repayments to Fund for next four years.

IMF DEBT TALKS

Government to continue payments while renegotiating IMF loan

23-12-2021 16:16 The government says it will keep making payments while talks with the International Monetary Fund continue – but that it can't a deal must be agreed to restructure payments totalling US$19 billion next year.

IMF DEBT TALKS

President Fernández speaks with IMF chief after budget fiasco

18-12-2021 08:09 IMF Managing Director Kristalina Georgieva and President Alberto Fernández share “very good meeting” as talks over debt restructuring continue.

IMF DEBT TALKS

Argentina wants 'understanding' with IMF before sending bill to Congress

20-11-2021 12:02 Economy Minister Martín Guzmán said that the government wanted to reach “understandings” with the IMF before seeking bipartisan support for deal.

ELECTIONS 2021: ANALYSIS

How to freak out the IMF, an Argentine story

20-11-2021 11:55 It is difficult to fathom an IMF that will ink a deal with a nation that upholds dual exchange rates, price controls, relentless monetary expansion, and massive energy and utility subsidies in the context of perpetual deficits and extremely high inflation.

by Agustino Fontevecchia

IMF DEBT TALKS

Fernández vows to be 'firm' in talks with IMF

30-10-2021 17:35 President Alberto Fernández vows to negotiate "firmly" with the International Monetary Fund; Meets US President Joe Biden briefly on sidelines of G20 summit.

Alberto heads to Europe

Alberto Fernández arrives in Rome searching for key to unlock IMF deal

29-10-2021 21:55 President gets off plane at Fiumicino airport convinced that the G20 Leaders Summit may help unblock talks with the International Monetary Fund.

by Rosario Ayerdi

INTERNATIONAL RELATIONS

Fernández flies to Rome for G20 with a dozen bilaterals on his agenda

29-10-2021 01:28 President has meetings lined up with Kristalina Georgieva, Angela Merkel, Pedro Sánchez, Úrsula von der Leyen, Queen Máxima and the director-general of the World Health Organisation, among others.

by Rosario Ayerdi

IMF DEBT TALKS

Fernández: Argentina ‘absolutely’ committed to sealing new IMF deal

15-10-2021 20:44 Following reports any deal won’t be sealed until 2022, president tells business leaders that Argentina will repay IMF debt once it is “back on its own two feet again.”

BLOOMBERG

Georgieva kept on as IMF chief after data scandal review

12-10-2021 11:48 Kristalina Georgieva will remain as head of the International Monetary Fund after the lender’s board reviewed accusations that she improperly influenced a World Bank ranking of China’s business climate.

IMF DEBT TALKS

Government watches Georgieva's IMF troubles with concern

04-10-2021 16:11 US lawmakers and officials are seeking to speed up an investigation into the director of the International Monetary Fund, for allegedly favouring China when she worked at the World Bank.

by Fernando Nolé

News of georgieva

IMF says Argentina must 'contain' public spending on wages, pensions

IMF approves US$7.5 billion for Argentina despite missed targets

Government gets disbursement lifeline after Fund board approval

Argentina says IMF to allow currency intervention to hold range

IMF board approves US$7.5-billion disbursement for Argentina

Massa packs bags for Washington and IMF meeting

Massa-IMF: secret meeting with Georgieva, agreement on horizon

Argentina expects to reach IMF staff-level agreement Friday

Argentina to pay US$2.7 billion as IMF negotiations continue

Argentina and IMF go back to drawing board on debt deal

‘Severe drought harming Argentina’s population,’ admits IMF chief

Lula says IMF is choking Argentina’s economy with debt

IMF calls for ‘stronger policy package’ from Argentina

IMF board approves US$5.3-billion loan disbursement for Argentina

IMF ready to ease targets after review of Argentina's debt deal

Argentina to change IMF net reserve target for third time

Economy 2023: inflation and austerity in an election year

IMF clears way for latest US$6-billion disbursement

Argentina to brings back exchange rate that led to IMF exception

Alberto Fernández eyes progress in Bali at G20 summit

Sergio Massa: Stuck between Cristina and Kristalina

IMF board approves review, frees up additional US$3.8 billion in funds

‘Doing well’ – IMF chief backs Argentina's course in meeting with president

'Inflation tops the list' of Argentina's problem, says IMF director

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

New economy chief wins IMF praise on first trip

Next round of IMF talks complicated by weak reserves

IMF sees Argentina committed to programme, with downside risks

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

Guzmán tells IMF: ‘We will prioritise social spending’

Argentina receives US$9.7B after IMF board signs off on debt deal

Argentina inks US$45-billion staff-level IMF deal in key step

Government announces debt deal with International Monetary Fund

IMF board to discuss progress in Argentina programme on Wednesday

Argentina's government pays IMF US$370 million in debt interest

IMF chief: No alternative to deal with Argentina

IMF focus on saving Argentina from dangerous inflation path

Government agrees new financing deal with IMF

Government to continue payments while renegotiating IMF loan

President Fernández speaks with IMF chief after budget fiasco

Argentina wants 'understanding' with IMF before sending bill to Congress

How to freak out the IMF, an Argentine story

Fernández vows to be 'firm' in talks with IMF

Alberto Fernández arrives in Rome searching for key to unlock IMF deal

Fernández flies to Rome for G20 with a dozen bilaterals on his agenda

Fernández: Argentina ‘absolutely’ committed to sealing new IMF deal

Georgieva kept on as IMF chief after data scandal review

Government watches Georgieva's IMF troubles with concern

Prices in dollars puts Argentines’ summer vacations in doubt

Javier Milei targets Argentina’s big cities in bid for first-round win

Argentina Central Bank move slammed as ‘attack’ by Mercado Pago

'Asado crisis': Meat woes for Argentines as prices surge more than 30% in a month

Socialist icon Evo Morales plots comeback in Bolivia after clash with protégé

Javier Milei se lleva el 20% de los votos de Larreta, Bullrich retrocede al tercer lugar y Massa crece en el norte

Una encuesta en PBA relega a Javier Milei al segundo lugar, sube a Massa y muestra una migración de votos de Bullrich

Detuvieron a dos policías y un empleado municipal que se dedicaban al robo de ruedas

El mensaje de Marcos Galperin, sobre la norma que afectaría a los usuarios de Mercado Pago: “No lo van a poder romper”

Euro blue hoy: el minuto a minuto de la cotización de este martes 26 de septiembre de 2023