News of loan

Government to be plaintiff in IMF debt probe against ex-president Macri

Yesterdat 07:58 The State will act as a plaintiff in a case investigating whether former president Mauricio Macri (2015-2019) broke the law in securing a record US$57-billion loan from the International Monetary Fund (IMF) back in 2018.

Don’t expect ‘carnal relations’ between Alberto and Joe Biden

23-01-2021 08:31 One actor could tilt the scales, though: Pope Francis. Biden is the second Catholic president of the US, preceded by John F. Kennedy. How much will the Peronist leader of the Holy See nudge Biden our way?

by Agustino Fontevecchia

Debt talks at impasse as creditors reject initial proposal

25-04-2020 11:36 Bondholder groups reject Argentina’s offer on foreign debt, as minister warns it will not be altered; Government agrees to adopt “common strategy” on national and provincial debt, but creditors immediately criticise Buenos Aires Province’s proposal.

IMF ready to mobilise US$1-trillion loan capacity to tackle virus

16-03-2020 16:12 IMF Managing Director Kristalina Georgieva calls for global coordination on monetary, fiscal and regulatory support amid coronavirus crisis.

Peso slumps to 60 per dollar, country risk rating hits 14-year high

28-08-2019 15:57 Currency has slumped against the dollar again over the last few days, just as tensions between the government and the opposition have picked up.

IMF board approves US$5.4B loan payment

13-07-2019 09:59 The International Monetary Fund’s board confirmed the d isbur sement of another US$5.4-billion payment to the government on Friday, shortly after Treasury Secretary Nicolás Dujovne touted a government surplus which exceeded its creditor’s own expectations.

IMF chief: 'We underestimated Argentina's complicated economic situation'

06-06-2019 09:42 Managing Director Christine Lagarde admits inflation is taking "longer than expected" to fall.