The Minister of Economy and Finance, Pedro Francke, reported that the International Monetary Fund (IMF) has not yet set a date for the delivery of its first report with recommendations for a new mining tax in Peru. In dialogue with RPP Noticias, the head of the MEF stressed that this reform proposes a better redistribution […]
Tag: IMF
IMF: “The Chinese economy continues to recover, but inertia slows down”
Updated on 11/19/2021 11:32 am The International Monetary Fund (IMF) warned that, although the Chinese economy continues to recover after the impact of the COVID-19 pandemic, the “inertia is slowing down”. After a round of virtual consultations with the Chinese authorities, the first deputy managing director of the institution, Geoffrey Okamoto, attributed this slowdown to […]
The appetite for dollars in Argentina pushes prices to new records
The growing appetite for Dollars Americans in Argentina, fueled by doubts about the weak economy of the South American country, this Thursday pushed the multiple prices of the US currency to new record levels. The so-called “blue dollar” (informal retail market) reached a new maximum of 200 pesos per unit for sale, although at the […]
Argentina pays about US $ 390 million in interest to the IMF, continues negotiation for debt
Argentina made an interest payment to the International Monetary Fund (IMF) on Monday for about 390 million dollars for the debt that the country contracted in 2018 and that amounts to about US $ 45,000 million, reported an official source from the southern country. The government of President Alberto Fernández negotiates with the IMF a […]
Argentina criticizes in the G20 that the debt with the IMF “condemns generations”
The president of Argentina, Alberto Fernandez, criticized today in his speech at the first session of the G20 leaders’ summit in Rome that the country’s high debt of more than US $ 46,000 million with the International Monetary Fund (IMF) “Condemns generations” and charged against “the capitalism of production” and “the logic of financial speculation.” […]
Argentina: Spanish President Pedro Sánchez ratifies Fernández’s support for his negotiations with the IMF
Updated on 10/30/2021 12:16 pm The head of the Spanish Government, Pedro Sanchez, ratified this Saturday personally to the president of Argentina, Alberto Fernandez, your endorsement of conversations with the International Monetary Fund (IMF) for the renegotiation of your country’s debt. Sánchez and Fernández, who greeted each other with an effusive hug, met in Rome […]
Former IMF director Alejandro Werner says Argentina will not pay the IMF
Updated on 10/29/2021 02:03 pm Alejandro Werner, former head of the Western Hemisphere Department of the International Monetary Fund (IMF), affirmed that Argentina “is not going to pay” the Fund and that any agreement between the two will be a “temporary patch” that will only delay a bank run in that country . “Argentina is […]
IMF will deliver this Friday a report on a new mining tax in Peru
The Minister of Economy and Finance, Pedro Francke, announced that the first report of the International Monetary Fund (IMF), aimed at providing advice to Peru on a new mining tax, will be delivered this Friday, October 29. During the press conference, where he presented the reform package in the company of the heads of the […]
Price pressure could last until the end of 2022, says IMF head
Updated on 10/27/2021 07:26 pm The pressure on prices could last until the end of next year, warned the managing director of the International Monetary Fund (IMF), Kristalina Georgieva. The IMF indicated days ago that it expected inflation to decrease starting in mid-2022, but the institution now seems to anticipate a more lasting phenomenon in […]
IMF sees strong fundamentals for global recovery, warning of big downside risks
Extraordinary policy measures led by Group of 20 economies and COVID-19 vaccines are underpinning a global economic recovery, but new variants of the virus, inflation, and supply chain disruptions pose downside risks. said the International Monetary Fund (IMF). In a blog post on Wednesday, ahead of Friday’s meeting of the Finance and Health ministers of […]