The IMF’s latest substantial loan to Argentina — a country with a history of defaults now under the leadership of a close ally of Donald Trump – has raised concerns among many of the Fund’s senior decision-makers. It received approval nonetheless. Argentina’s new loan with the International Monetary Fund was approved even though it raised … Read more
Analysts anticipate a more robust peso in the coming months as traders respond positively to President Javier Milei’s plan. Traders in Buenos Aires are starting to embrace President Javier Milei’s goal of bolstering Argentina’s currency to 1,000 pesos per dollar, despite warnings from economists that this trend may reverse in the latter half of the … Read more
The International Monetary Fund (IMF) projects that Argentina will experience a growth rate of 5.5% in 2025, even as it has lowered its global growth forecast in light of trade uncertainties stemming from U.S. President Donald Trump’s tariffs. The outlook for the country’s economic horizon in 2026 remains optimistic, with projections indicating growth could reach … Read more
The IMF maintains its growth forecast for Argentina, undeterred by prevailing global uncertainties. The International Monetary Fund (IMF) has upheld its growth forecast for Argentina at 5.5 percent for the year 2025, notwithstanding the prevailing uncertainties in global trade. The multilateral lender referenced the “positive data” observed in the initial months of the year. The report recognized … Read more
The recent agreement between the Argentine government and the International Monetary Fund (IMF) imposes stringent fiscal surplus targets for 2026 and 2027, significantly limiting the potential for reducing the tax burden. President Javier Milei’s administration suggests that there is potential for tax reductions, a key promise of his governance strategy. However, should he proceed with … Read more
Argentina finds itself in a familiar situation as it secures yet another loan from the International Monetary Fund, reminiscent of past financial cycles. For generations, Argentines have perceived their nation as ensnared in a persistent cycle, as yet another loan from the International Monetary Fund is set to arrive to stabilize its fluctuating economy. This marks the … Read more
Milei seeks support from the IMF and aims to secure a trade agreement with Trump. On Thursday, President Javier Milei engaged in a significant outreach effort, seeking vital backing from US President Donald Trump during an event held in Florida. During a brief visit to the United States, lasting under 24 hours, the head of state made … Read more
Market participants are positioning themselves for a depreciation of the Argentine peso in anticipation of Milei’s impending agreement with the IMF. Investors are anticipating another potential devaluation of Argentina’s peso, as the currency appears ready to shift trajectory once again, having transitioned from one of the weakest in the world in 2023 to one of the … Read more
The International Monetary Fund’s executive board has approved a US$4.7-billion disbursement to the government of Argentine President Javier Milei, according to a person with direct knowledge of the matter. The payments are part of a refinanced US$44-billion programme, the lender’s largest, that was beset by uncertainty for months during the election campaign that saw Milei … Read more
International Monetary Fund confirms it has reached staff-level agreement with Argentina on fourth review of US$44.5-billion debt programme and calls for “modification of net international reserve accumulation target” due to economic impact of drought; Decision paves way for new tranche of US$5.3 billion in the near future. The International Monetary Fund (IMF) announced Monday that … Read more