News of international monetary fund imf

IMF faces pressure to cut billions in fees for large borrowers

09-04-2024 16:51 IMF releases statement saying that “a number” of its board members were open to reviewing policies around surcharges, a move that could benefit Argentina, among other nations.

IMF chief Georgieva sole candidate in re-election process

04-04-2024 16:29 IMF Manging Director Kristalina Georgieva poised for a second term as nominations close.

IMF deputy chief says Argentina needs 'consistent' monetary, exchange policy

23-02-2024 09:30 International Monetary Fund second-in-command Gita Gopinath said Argentina's government is making significant efforts to "restore macroeconomic stability" after meeting with President Javier Milei.

IMF number two in BA for talks as social unrest grows

21-02-2024 18:21 Deputy managing director of the International Monetary Fund, Gita Gopinath, begins two-day visit by meeting for four hours with key government officials.

IMF cuts Argentina 2024 growth forecast, forecasts 2.8% contraction

30-01-2024 15:55 Multilateral lender warns that inflation is expected to increase in the short term, projecting growth of minus 2.8 percent this year and plus five percent in 2025.

President to meet Georgieva in Davos after winning IMF support

16-01-2024 09:09 President Javier Milei will meet International Monetary Fund Managing Director Kristalina Georgieva on Wednesday at the World Economic Forum in Davos, Switzerland.

Milei makes contact with Biden administration in Washington

28-11-2023 22:52 Argentina's president-elect Javier Milei makes first contact with officials from US President Joe Biden's government.

Javier Milei may find an unexpected friend in the IMF

21-11-2023 16:43 What will the relationship be like between Javier Milei and the International Monetary Fund, given the impact of Argentina's ongoing US$44-billion loan agreement?

IMF confirms Argentina asked to postpone October payments

06-10-2023 14:52 Request confirmed by the global monetary watchdog on Thursday; Government will have to pay US$3.4 billion after the election.

IMF delivers rare public rebuke to Massa over cash handouts

28-09-2023 18:48 Spokesperson for multilateral lender says Sergio Massa’s cash handouts ‘add to Argentina’s challenges’ during press conference.

Alejandro Werner: ‘Trump would’ve backed Fernández and Biden would’ve Macri’

02-09-2023 06:17 Former Western Hemisphere director for the International Monetary Fund and ex-Mexico government official Alejandro Werner on Argentina’s programme, political backing from Washington and the country’s troubled relationship with the multilateral lender.

by Jorge Fontevecchia

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.

Traders go to US for Argentina stocks to hedge election bet

02-08-2023 13:53 Investors are cautiously looking at US-listed shares of Latin American companies with operations in Argentina, anticipating benefits from market-friendly policies after this year's elections, but refraining from direct investment until long-term stability is established.

Argentina’s IMF deal is just one hurdle to Massa’s presidential bid

01-08-2023 16:17 Sergio Massa's IMF deal may offer hope for his presidential ambitions, but the divided opposition and economic challenges pose significant hurdles in the upcoming primaries and elections in Argentina.

Argentina announces measures to boost foreign reserves

25-07-2023 13:34 Peso devaluation amid IMF negotiations triggers USD rush.

Argentina bonds climb after IMF, Massa say deal is coming

24-07-2023 14:46 Argentine overseas bonds surged to their highest level in almost six months as the government and the International Monetary Fund (IMF) neared a deal to accelerate billions of dollars in disbursements from a US$44 billion lending program, alleviating concerns over the nation's economic challenges and inflation surge.

Massa bets on IMF and sit-down with businesses, unions

02-05-2023 12:37 Argentina’s economy minister is laying down plans to support the peso throughout May. He will ask the IMF to move forward disbursements and seek a coordinated approach with business leaders and trade union leaders to slow inflation as much as possible.

by Gonzalo Martínez

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.

Economy will grow by just 0.2% this year, says IMF

11-04-2023 10:59 IMF lowers 2023 global growth forecast to 2.8% and warns of looming half-decade of low growth; Fund predicts that economy will hardly grow this year and warns high inflation will continue.

IMF makes concession, trims Argentina’s reserves target

04-04-2023 16:18 International Monetary Fund grants government request and decides to trim annual reserves accumulation target by US$1.8 billion, acknowledging impact of drought on foreign currency inflows.