IMF DEBT DEAL IMF toughens stance, questions Massa's measures 09-11-2023 19:42 Directors on multilateral lender's board reportedly concerned by dramatic loss of reserves as they toughen criticism of Argentina’s government.
WARNING FROM FUND IMF warns Argentina not to dawdle on incremental economic reform 14-10-2023 07:47 Argentina has no time to make gradual economic adjustments as it faces soaring consumer prices and its sixth recession in a decade, says top IMF official.
PASO REACTION Argentina seeks larger IMF disbursement after 18% devaluation 14-08-2023 22:16 Argentina intends to ask the International Monetary Fund to increase a disbursement planned for later this month by an unspecified amount
BLOOMBERG Argentina’s net reserves at record low, savings in the spotlight 10-07-2023 18:18 Argentina's Central Bank's net reserves have fallen into record negative territory, intensifying investor concerns about a possible run on the financial system.
IMF REVIEW 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.
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 PROGRAMME IMF sees ‘policy setbacks’ in review of US$44-billion deal 13-03-2023 20:01 International Monetary Fund calls on Argentina to make stronger efforts to address foreign reserve losses, galloping inflation and other “policy setbacks” amid a severe drought that’s hitting the commodities sector.
IMF DEBT DEAL Argentina seeks fresh IMF approval – and US$5 billion in funds 21-02-2023 15:58 Top officials head to Washington for talks with IMF over latest quarterly review; Government needs to boost reserves amid strong foreign currency outflows and punishing drought that has wrecked agricultural harvest projections.
DEBT DEAL IMF board approves US$6 billion in fresh funds for Argentina 23-12-2022 00:50 International Monetary Fund announces that its board of directors has signed off on third review of Argentina's debt assistance programme and releases new US$6-billion disbursement of funds.
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.
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.
IMF DEBT DEAL IMF board approves first review of Argentina debt programme 24-06-2022 16:15 Executive board of International Monetary Fund signs off on first quarterly review, approving Martín Guzmán figures for US$44.5-billion debt programme and paying way for new disbursement of funds.
BLOOMBERG Argentina finishes first IMF review as path to targets may shift 09-06-2022 09:07 IMF staff and Argentine authorities agree that the annual objectives established at approval of the arrangement will remain unchanged.
IMF DEBT IMF: Targets in Argentina’s debt deal ‘have not changed’ 19-05-2022 16:09 Fund Spokesperson Gerry Rice says staff are making “good progress” in review of debt restructuring deal, but that its “objectives have not changed.”