News of kristalina

Peronist senators amp up rhetoric with scathing letter to IMF chief

16-11-2020 18:05 With government in talks over new financing programme, senators from ruling Frente de Todos coalition fire off letter to IMF chief Kristialina Georgieva demanding organisation “refrain from conditioning economic policy.”

TALKS OVER IMF PROGRAMME

IMF: Argentina needs 'credible' plan to overcome crisis

14-10-2020 15:00 Argentina's "top priority ought to be to put in place a credible and comprehensive economic agenda that balances supporting the economy and people," says IMF chief Kristalina Georgieva.

IMF TEAM IN TOWN

IMF vows not to put 'pressure' on Argentina over loan

07-10-2020 00:52 Kristalina Georgieva says IMF has "no intention of putting pressure on Argentina at this time," as negotiators from Fund arrive in Buenos Aires for talks.

IMF DEBT TALKS

Government formally opens debt rescheduling talks with IMF

27-08-2020 02:30 Government formally opens talks with IMF over new terms for repayment of record US$57-billion bailout agreed in 2018 by Macri administration.

IMF DEBT RESTRUCTURING

Argentina will not accept any conditions from IMF, warns Fernández

11-08-2020 22:06 President Alberto Fernández says he will not allow the IMF to impose austerity measures on Argentina as part of a new financing programme.

CRISIS AHEAD?

Debt deal sealed, but Argentina’s economic woes remain

08-08-2020 09:36 Experts say deal with bondholders ‘takes pressure off’ the government, but warn renegotiating terms of US$44-billion loan with IMF is now the urgent concern.

BLOOMBERG

Government seeks to reach new IMF agreement before April

07-08-2020 00:49 Government seeks deal with the International Monetary Fund over a new financing programme before the end of March, in order to renegotiate US$2-billion payment owed to the Paris Club that matures in May.

IMF BACKS B.A.

IMF chief Georgieva: Argentina faces a particularly 'difficult' moment

16-04-2020 08:42 "It is really a difficult time for everyone, but in particular, it is difficult for countries that entered this crisis facing already complex challenges," says IMF chief Kristalina Georgieva.

Coronavirus consequences

IMF chief predicts worst economic downturn since Great Depression

09-04-2020 22:32 IMF Managing Director Kristalina Georgieva says it's clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.

DEBT TALKS

Government warns creditors that virus crisis will delay 'uncertain' recovery

23-03-2020 08:11 "The debt is not payable due to the critical situation in the country, in a context in which interests have grown rapidly," he said.

BLOOMBERG

Argentina gets IMF’s seal of approval to hit bondholders hard

20-02-2020 13:07 The Fund just gave the government the backing it needed to hit its bondholders with a significant haircut.

Bloomberg

IMF cannot offer Argentina a haircut on loan, Georgieva says

17-02-2020 08:36 IMF chief rules out a haircut, but says her organisation backs Alberto Fernández administration's bid to return country to growth.

CHANGE AT THE HELM

Lipton, Grasso exit as Georgieva shakes up IMF's leadership

10-02-2020 13:43 The Fund’s longest-serving first deputy managing director, David Lipton, leaves institution, along with chief administrative officer Carla Grosso, as new chief Kristalina Georgieva makes changes.

IMF TALKS

Government to send debt bill to Congress ahead of crucial talks

21-01-2020 16:33 Fernández administration will send a bill to Congress on Tuesday outlining its plan to address nation's debt crisis and make payments “sustainable,” declares Economy Minister Martín Guzmán.

TRANSITION 2019

Fernández tells IMF chief Argentina will 'comply with debt obligations'

20-11-2019 09:49 President-elect tells IMF chief Kristalina Georgieva that he has a plan to grow the economy and tackle the nation’s debt without "more fiscal adjustments."

DEBT DEFAULT?

IMF waits for 'sustainable' plan as Fernández faces debt dilemma

19-11-2019 16:18 Director General Kristalina Georgieva continues to articulate optimism about working together with Argentina's incoming government, but she admits she'd "like to know more" about its plans.

TRANSITION 2019

IMF says it's 'ready to engage' with Alberto Fernández

07-11-2019 20:06 IMF spokesman says Fund is ready to talk to president-elect and his team, but says no meeting is planned.

ELECTION 2019

IMF chief: 'We look forward to engaging' with new Argentina government'

29-10-2019 07:05 "We look forward to engaging with his administration to tackle Argentina's economic challenges and promote inclusive and sustainable growth that benefits all Argentines," says IMF chief

ARGENTINA & THE IMF

New IMF chief meets briefly with Finance Minister Lacunza

26-09-2019 09:29 "I look forward to working with the authorities when I assume my duties on October 1. Argentina is an important member of the IMF and we want it to do well," Kristalina Georgieva posts on Twitter after meeting Finance Minister Hernán Lacunza.

NEW LEADERSHIP

Bulgarian economist Kristalina Georgieva chosen to be IMF's new leader

25-09-2019 17:59 Georgieva, a top official at the World Bank, was chosen by the IMF’s executive board on Wednesday to become the body's new managing director. She succeeds Christine Lagarde.

BLOOMBERG

Bailed-out nations to finally get one of their own at top of IMF

12-09-2019 14:44 Bulgarian Kristalina Georgieva, a champion of anti-poverty measures, will take over the IMF this fall upon the departure of Christine Lagarde.