News of international

IMF urges El Salvador to remove Bitcoin as legal tender

Yesterdat 18:45 The IMF on Tuesday called on El Salvador to change course and stop using Bitcoin as legal tender, citing "large risks" posed by the cryptocurrency.

Into More Friction

21-01-2022 22:03 The government keeps looking for back doors to an agreement with the IMF, while the veep constantly writes oblique letters conditioning the president – why cannot the government stick to negotiating directly with the IMF while the president and vice-president simply speak to each other?

Government and opposition at loggerheads over IMF deal

18-01-2022 16:57 Meeting between government and opposition to discuss talks to restructure multi-billion-dollar debt with the International Monetary Fund fall through, casting doubt over bipartisan support for deal.

Going it alone in limbo

07-01-2022 22:43 It is widely assumed that unless President Alberto Fernández’s government reaches an agreement with the International Monetary Fund very soon, Argentina will sink far deeper into the mire. We could be about to learn if the many who think this way have it right or if they are merely scare-mongering.

by James Neilson

Argentina says IMF economic plan would derail its recovery

05-01-2022 21:10 Economy Minister Martín Guzmán says economic plan proposed by the IMF as part of a US$40-billion debt renegotiation would derail the country’s recovery. 

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.

Argentina and the IMF: still bound in a love-hate relationship

21-12-2021 14:52 Argentina has long had a stormy relationship with the International Monetary Fund. Twenty years after a deep economic, political and social crisis shook the country, the nation is again traversing a tense financial patch.

Guzmán forecasts 10% growth for Argentina's economy in 2021

14-12-2021 12:55 Martín Guzmán tells congressional committee that Argentina's economy will grow 10% this year.

Jujuy Province is in talks for new lithium projects

07-12-2021 08:32 Jujuy Province is in talks with four potential global partners to develop new brine deposits, with at least one interested in electric vehicles.

Argentina will make US$1.8-billion payment to IMF this month

30-11-2021 22:31 Argentina will make a US$1.8-billion payment to Fund on December 18, confirms International Economic Relations Secretary Cecilia Todesca.