News of loan

Guzmán discusses debt with Pope Francis at the Vatican

14-04-2021 12:33 Economy Minister Martín Guzmán met with Pope Francis at the Vatican on Wednesday, the latest stop on his European tour seeking support for Argentina's IMF debt talks.

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

11-04-2021 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.

Government considers using new IMF reserves for loan payment

26-02-2021 16:58 Argentina is considering using new reserves to be issued by the International Monetary Fund to make a payment due to the lender in September, according to a person with direct knowledge.

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

Argentina secures US$4-billion loan from Development Bank of Latin America

06-05-2020 17:58 The government has confirmed that it has secured a US$4-million loan from the Development Bank of Latin America (CAF) to assist its efforts to tackle the coronavirus pandemic.

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.

Venezuela requests US$5 billion from IMF to fight coronavirus

17-03-2020 20:49 President Nicolás Maduro requests US$5 billion from the International Monetary Fund. Venezuela’s health system is ranked among the worst in the world in its capacity to tackle a pandemic.

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.

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.

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.

Moody’s puts Argentina on negative outlook on uncertainty

15-07-2019 08:34 Ratings company shifts outlook from stable to negative, citing rising uncertainty about economic policy and risk of additional “damaging currency shocks.”

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.

Lagarde departure will not alter Argentina relationship, says ex offical

03-07-2019 10:23 The Mauricio Macri government signed a US$56-billion 'stand-by' loan deal with the IMF in June, 2018. Macri's opponents say the conditions of the deal must be renegotiated.