Editorial Super size peso 08-02-2025 06:46 The peso is a palpably overvalued currency. Denialism is not the solution but nor is devaluation.
NEW IMF DEAL ON WAY? IMF: ‘Constructive discussions’ ongoing with Argentina over new deal 06-02-2025 22:59 Markets move on rumours of new deal with the International Monetary Fund, which again praises “enormous progress” made by Milei administration.
Editorial Into More Funds? 01-02-2025 00:01 There seems to be a complacent assumption in many government circles that negotiations with the International Monetary Fund are a slam dunk now that Donald Trump occupies the White House.
ECONOMY – ANALYSIS Argentina and the IMF – scenarios for a possible new agreement 28-01-2025 10:04 Milei government and IMF continue to fine-tune a future agreement which is likely to include a remittance of some US$11 billion to bolster Central Bank coffers, allowing Argentina to remove the ‘cepo’ currency and capital controls. by Gonzalo Martínez
INTERNATIONAL MONETARY FUND IMF to send team to Argentina after ‘excellent’ Milei meeting 20-01-2025 09:21 IMF Managing Director Georgieva meets President Javier Milei in Washington and highlights "tremendous progress" of Argentina’s economy. An IMF team will travel to Buenos Aires next week to accelerate talks over a new programme.
Editorial Brave new world or tempest? 18-01-2025 06:49 Slaying the inflationary dragon is both the cornerstone of Milei’s economic policy and the key to electoral success, but the sequence between lower inflation and electoral triumph is not so linear.
ECONOMIC OUTLOOK IMF projects strong economic growth for Milei's Argentina in 2025 17-01-2025 18:59 International Monetary Fund estimates that Argentina’s economy contracted by 2.8% last year, but projects five percent growth in the coming two years.
International Monetary Fund IMF publishes grim evaluation of Argentina’s US$44-billion deal 12-01-2025 08:55 Ex-post evaluation paints a grim picture of Argentina’s latest IMF programme that began in March 2022. Staff detailed reckless policy decisions by the government of former president Alberto Fernández that derailed the programme and economy in the run-up to the 2023 presidential election.
ECONOMIC OUTLOOK Caputo already has the dollars he need to meet this year’s debt deadlines 03-01-2025 13:32 Argentina’s Treasury took advantage of the fiscal surplus to buy the necessary hard currency.
IMF DEBT PROGRAMME IMF to review US$44-billion loan in key step toward new deal 30-12-2024 17:31 International Monetary Fund’s executive board will review Argentina’s current US$44-billion aid programme next month, a crucial step as President Javier Milei negotiates for a new loan.
IMF NEGOTIATIONS OVER NEW DEAL IMF: Formal talks over new deal with Argentina have begun 19-12-2024 21:09 The International Monetary Fund and Argentina have formally begun negotiations over a new loan agreement as the current programme draws to a close.
NEW IMF PROGRAMME IMF in talks with Argentina on loan to succeed US$44-billion deal 19-12-2024 14:13 International Monetary Fund confirms it has formally opened talks with President Javier Milei's government over a new loan programme to replace its existing US$44-billion deal.
ECONOMIC POLICY Milei, Caputo increasing bullish as they outline new IMF deal timeline 19-12-2024 09:50 Argentina eyes fresh accord with the International Monetary Fund in the first third of next year, with President Milei confident of strong support, both at the Fund and on trade, from incoming US president Donald Trump.
MILEI AWAITS TRUMP IMF moves goal-posts for Argentina – no definitions until April 13-12-2024 15:25 The International Monetary Fund has presented Javier Milei with two conditions which must be met before any further remittance beyond the US$44.5 billion loaned to Mauricio Macri – obtain Congress endorsement for taking on new debt and making structural changes. by Carlos Burgueño
CAPITAL CONTROLS Trump adviser Laffer tells Argentina ‘get it done now’ on capital controls 03-12-2024 15:19 Arthur Laffer has a word of advice for Argentina: Scrap capital controls now.
POLITICS – ANALYSIS The ecstasy of Javier Milei 30-11-2024 05:48 Things look rosy for the libertarians at this juncture, encouraging them to become even more ambitious. by Agustino Fontevecchia
IMF LOAN PROGRAMME Argentina ‘sure’ of new IMF deal, says it doesn’t depend on Trump 21-11-2024 14:28 IMF spokeswoman Julie Kozack says authorities in Argentina are “exploring the option of moving to a new arrangement” with the multilateral lender to replace its existing US$44-billion loan programme.
Analysing Argentina Milei, in the best of all possible worlds 16-11-2024 05:00 Everywhere he looks, Javier Milei sees good news, which he takes as confirmation that he has chosen the right path. by Marcelo J. García
ECONOMIC REPERCUSSIONS Dollars, IMF, cepo – Economy Ministry’s expectations after Trump triumph 06-11-2024 23:59 The government is betting on ideological overlap between Milei and Trump helping Argentina to obtain the financing required to face the need for dollars. by Ezequiel Orlando
Analysing Argentina Milei’s magical thinking about a Trump victory 02-11-2024 07:38 Argentina — or Latin America, for that matter — will not be an immediate priority for any incoming US administration, though Milei may leverage his ideological rapport with a potential President Trump. by Marcelo J. García
IMF PROGRAMME IMF confirms Argentina ‘exploring’ new financing programme 25-10-2024 17:26 Argentina’s government is “exploring options” for a new financing programme with the International Monetary Fund, confirms top official.
IMF DEBT PROGRAMME Argentina’s quest for more IMF money stalls on currency controls 25-10-2024 16:36 Argentina wants a fresh injection of money to lift controls without worrying about a currency sell-off. But the IMF doesn’t want its resources used to artificially prop up a currency, like Argentina has done so many times before.
POLITICS & ECONOMY Argentina seeks US$2.7-billion line to cover debt maturities 23-10-2024 20:39 Argentina’s government is in talks with several banks to obtain a loan agreement of around US$2.7 billion for about three years in order to meet its principal debt obligations next January.
IMF CREDIT LINE Caputo says Argentina in talks with IMF over new deal, fresh funds 23-10-2024 13:58 After being hailed as “finance minister of the year” by a magazine in Washington, Argentina’s Economy Minister Luis Caputo Caputo said talks with the International Monetary Fund over a new agreement that includes fresh funds are underway.
ECONOMIC OUTLOOK IMF casts doubt over Milei administration’s inflation estimate 22-10-2024 12:38 The International Monetary Fund estimates Argentina’s inflation rate in 2025 will hit 45%, a significant variation from the 18% projected by Javier Milei’s government in its budget bill.
Economic - Analysis Global public debt to hit US$100 trillion by end of 2024, IMF says 16-10-2024 06:53 Global public debt risks of rising to US$100 trillion by the end of 2024, warns International Monetary Fund.
International Monetary Fund IMF moves to ease billions in penalty fees for biggest borrowers 12-10-2024 13:52 International Monetary Fund reduces borrowing costs for some of the world’s most indebted nations, slashing so-called 'surcharges' in a move that will benefit Argentina, among other nations.
'CEPO' STAYS FOR NOW Argentina isn't ready to lift currency controls, says Milei 10-10-2024 07:47 President says imposing a schedule for the removal of the “cepo” would be to act as a “central planner,” which goes against his ideology.
IMF IMF sees ‘signs of an incipient recovery’ in Argentina 03-10-2024 17:14 The International Monetary Fund sees "signs of an incipient economic recovery" in Argentina, but tackling high poverty rates "remains a priority," a spokeswoman for the financial organisation said Thursday.
International Monetary Fund Argentina may combine final two IMF reviews before new talks 25-09-2024 09:10 Government may condense negotiations with IMF staff on its US$44-billion programme before opening talks on a new agreement that could include new money, Economy Minister Luis Caputo told investors Tuesday in New York.
INTERNATIONAL MONETARY FUND IMF eyes decision on loan-penalty relief by October meetings 16-09-2024 13:20 The IMF’s executive board plans Monday to hold an informal meeting on the review of the so-called surcharges, fees that apply to nations including Argentina.
INTERNATIONAL MONETARY FUND IMF official steps back from Argentina talks in feud with Milei 12-09-2024 13:34 IMF's top negotiator with Argentina delegates talks to colleagues after drawing the ire of President Javier Milei.
ANALYSING ARGENTINA What if Milei is wrong about the economy? 13-07-2024 07:50 Hard currency is the Achilles’ heel of the Milei programme, as it was for his predecessors in office. by Marcelo J. García
POLITICS & ECONOMY Milei dials back shock therapy to keep Argentina’s inflation in check 12-07-2024 12:44 President Javier Milei is tapping the brakes on his shock therapy programme in a bid to hold on to popular support amid Argentina’s bleak economic reality.
IMF ON ARGENTINA IMF denies there is ‘specific timetable’ for new Argentina deal 11-07-2024 16:48 Julie Kozack, the Fund's communications director, contradicts claims by Economy Minister Luis Caputo that talks about new financing deal are underway and an agreement could be sealed this year.
INTERNATIONAL MONETARY FUND IMF backs negotiator who drew Milei’s ire in Argentina aid talks 11-07-2024 15:48 Managing Director Kristalina Georgieva "has full confidence" in top negotiator Rodrigo Valdés despite criticism from President Javeir Milei.
IMF TALKS? Argentina: No ‘formal’ talks with IMF over fresh funds 10-07-2024 18:18 Presidential spokesman Manuel Adorni says that “there are talks” ongoing but that no “formal negotiations” over a specific funding programme to help the nation remove currency controls are ongoing.
POLITICS & ECONOMY Milei says legislative win paves way for monetary policy pivot 28-06-2024 13:56 President Milei says government will change its monetary policy framework following his first major legislative victory.
ARTIFICIAL INTELLIGENCE IMF ranking issues artificial intelligence warning for Argentina's economy 25-06-2024 16:31 IMF ranking places Argentina only ahead of three countries in Latin America and far from regional leader Uruguay.
IMF ANALYSIS Argentina to move real rates to positive territory, IMF says 17-06-2024 14:57 IMF expects Argentina to take real interest rates into positive territory and ease currency controls in coming months.
ECONOMIC OUTLOOK IMF downgrades Argentina's economic outlook for 2024 17-06-2024 12:39 International Monetary Fund downgrades estimate, forecasting that the economy will contract by 3.5% this year.
IMF REVIEW IMF approves US$800 million for Argentina as Milei eyes new deal 13-06-2024 20:06 IMF executive board approves latest review of Argentina's multi-billion-dollar loan programme, paving way for release of US$800 million in fresh funds.
POLITICS & ECONOMY Milei looks to keep winning streak alive in crucial IMF meeting 13-06-2024 20:03 President Milei will walk into a meeting with the head of the International Monetary Fund Friday emboldened by the most successful series of wins since he took office six months ago.
INTERNATIONAL MONETARY FUND MEET Milei to meet IMF chief during Argentina’s push for new programme 12-06-2024 23:06 President Javier Milei will meet face-to-face with the head of the International Monetary Fund in Italy this week as Argentina pushes for a new programme.
CURRENCY SWAP Central Bank says China currency swap renewed until July 2026 12-06-2024 22:26 Central Bank renews a roughly US$5-billion portion of its currency swap line with the People’s Bank of China for another two years.
CHINA CURRENCY SWAP IMF expects China to reschedule billions in Argentina’s debt 12-06-2024 11:34 IMF expects China to reschedule payments from the US$18-billion swap line that it has extended to Argentina.
NEW IMF PROGRAMME? Caputo says Argentina will seek new IMF programme to exit 'cepo' 11-06-2024 12:57 Economy Minister Luis Caputo says President Milei’s government intends to “negotiate a new programme” with the International Monetary Fund that will allow Argentina to remove currency controls.
INTERNATIONAL MONETARY FUND IMF urges increased assistance for Argentina’s poorest 06-06-2024 15:37 Fund’s chief spokeswoman Julie Kozack warns that Milei’s economic adjustment “should not fall disproportionately on working families.”
IMF IMF expects Argentina's economy ‘to start growing’ in second semester 16-05-2024 17:52 Multilateral lender reiterates its satisfaction with the progress made by President Javier Milei's government in Argentina.
IMF DEBT PROGRAMME Milei wins IMF staff support to unlock US$800 million 13-05-2024 12:07 IMF staff sign off on eighth review of Argentina’s US$44-billion programme, endorsing President Milei’s shock therapy programme and freeing up access to nearly US$800 million.