News of growth

IMF upgrades Argentina growth projection ahead of Guzmán talks

19-04-2022 16:26 Multilateral lender predicts GDP will improve by 4% in 2022 but sees inflation topping out the year at 48%.

IMF slashes global growth forecasts amid Ukraine war

19-04-2022 15:07 IMF lowers global growth forecast to 3.6% for 2022 in wake of "seismic" impact of Ukraine war.

Details of the IMF agreement that the government has sent to Congress

04-03-2022 18:22 Agreement foresees Argentina registering inflation of up to 48% this year, economic growth of 4.5% and receiving IMF disbursements of more than US$24 billion until end of 2022.

GDP grew 10.3% in 2021 after three years of decline

25-02-2022 14:51 National statistics bureau confirms Argentina’s gross domestic product rose 10.3% in 2021 – first year of growth since 2017. 

IMF improves growth outlook for Argentina's economy

12-10-2021 14:04 International Monetary Fund improves 2021 growth forecast for Argentina to 7.5%, rise of 1.1 points.

IMF: Inequality, inflation hurting pandemic recovery

05-10-2021 12:25 Global economic bounceback from the Covid-19 crisis will downshift this year as countries struggle with rising prices, high debt loads and divergent recoveries, warns IMF.

Debt load threatens Latin America jobs recovery, World Bank says

14-09-2021 12:06 Latin America’s heavily-indebted corporations are likely to delay rehiring workers during the recovery from last year’s slump, according to the World Bank.

Bored to tears or bored to fears?

04-09-2021 10:00 Perhaps what Kirchnerism abhors most about Switzerland is not only the neutrality but also the centrality of that landlocked country bang in the middle of Europe – an aversion to the middle ground upon which it will depend so much in the next couple of months.

Peru’s economy rebounds by record 42% after slump last year

24-08-2021 09:00 Peru's GDP grew 41.9% in the three months through June from the same period a year earlier, when the nation suffered the most severe contraction of any major economy due to the Covid-19 pandemic.

IMF improves Argentina's 2021 growth forecast to 6.4%

27-07-2021 17:06 Argentina's economy will grow 6.4% in 2021, predicts International Monetary Fund, citing higher export prices and improved vaccination rate.

Vaca Muerta: Shale driller Vista emerges as a leading producer

01-03-2021 14:29 Vista Oil & Gas has become one of the largest oil producers in the shale-rich Vaca Muerta basin, and is aiming for further growth in 2021.

Weighed down by an entitlement culture

06-02-2021 09:50 Will Argentina be able to prosper in the brave new world that is coming our way? Not unless she manages to change lanes in the near future. As things stand, this is most unlikely to happen.

by James Neilson

UN slashes LatAm economic slowdown projection

16-12-2020 16:06 Executive secretary of the UN Economic Commission for Latin America and the Caribbean Alicia Bárcena predicts the region will experience growth of 3.7 percent in 2021.

Cristina, Macri and Alberto - all of them took on debt

21-11-2020 08:38 Everyone loves to play the blame game, but let’s get one thing straight for the record: former presidents Cristina Fernández de Kirchner and Mauricio Macri both took on debt – and so has Alberto Fernández.

by Agustino Fontevecchia

Fernández, Georgieva ‘confident’ Argentina will seal new IMF deal

10-10-2020 10:01 Officials on both sides say all the right things as first visit of IMF mission team passes off without incident. Kristalina Georgieva says Fund has "no intention of putting pressure on Argentina at this time."

Billionaire-backed Argentine fintech Ualá launches in Mexico

29-09-2020 15:30 Ualá, the mobile payments startup backed by heavyweight billionaire investors George Soros and Steve Cohen, expands beyond Argentina into Mexico.

Argentina loses bid to throw out US$738-million hedge-fund lawsuit

21-07-2020 22:45 Argentina has lost an attempt to dismiss a UK lawsuit filed by four hedge funds alleging that the country manipulated economic data to avoid making payments for securities linked to its growth.

Good behaviour won't deliver Argentina from economic pain

03-06-2020 15:50 Argentina deserves debt relief, but also a credible way forward. The country still needs a path to growth, new investment and the prospect of fiscal reasonableness beyond the pandemic – and that is where the road map ends.

by Mac Margolis