World Bank and IDB Provide $8.8 Billion to Argentina for Economic Growth
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#1c89e81c ver:0.2
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#newstr #WorldBank #Idb #Argentina #EconomicDevelopment #LuisCaputo #Financing #SocialSpending #PrivateSector #RenewableEnergy #Mining
https://here.news/story/1c89e81c?ver=0.2
World Bank Offers $2 Billion Loan to Argentina for Social Programs
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#1c89e81c ver:0.19
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#newstr #WorldBank #Argentina #Loans #SocialPrograms #Economy #Idb #LuisCaputo #JavierMilei #FinancialAid #LatinAmerica
https://here.news/story/1c89e81c?ver=0.19
IMF's Recommendations Contradict Argentina's Economic Plans
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#1c89e81c ver:0.17
The IMF has approved a $800 million disbursement to Argentina, supporting its efforts to rebuild fiscal and external buffers. However, the IMF's recommendations contradict the government's economic plans, calling for faster currency devaluation and lifting exchange controls. The government is negotiating a new program with the IMF to obtain fresh funds while promising to eliminate the PAIS tax and unify the exchange rate. #Argentina #IMF #economy...
#newstr #Imf #Argentina #EconomicProgram #CurrencyDevaluation #ExchangeControls
https://here.news/story/1c89e81c?ver=0.17
IMF Staff Approves Argentina's Program Review, Unlocking $800 Million
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#1c89e81c ver:0.14
IMF staff approves Argentina's program review, unlocking $800 million. President Milei's shock therapy program exceeds IMF demands, resulting in fiscal surplus. Challenges remain with high inflation and protests. Progress made in Congress. Approval from IMF executive board pending. #Argentina #IMF #economy...
#newstr #Argentina #Imf #JavierMilei #AusterityMeasures #EconomicReform
https://here.news/story/1c89e81c?ver=0.14
Argentina and IMF Reach New Staff-Level Agreement
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#1c89e81c ver:0.13
Argentina and the IMF have reached a new staff-level agreement, unlocking a $792 million disbursement. The IMF believes Argentina's stabilisation plan has exceeded expectations, with fiscal surplus, reserve accumulation, and inflation coming down faster than anticipated. President Milei is seeking $15 billion to lift currency controls. S&P upgraded Argentina's debt rating. The IMF expects Argentina to lift exchange restrictions. Argentina received a $4.7 billion disbursement from the IMF and used it to cancel January maturities. The IMF approved the seventh review of the program and extended it until 2024. Argentina postponed IMF maturities and seeks additional funds. Economy Minister Caputo is in Washington seeking funds to remove currency controls. #Argentina #IMF #economy #currencycontrols...
#newstr #Argentina #Imf #Economy #Agreement
https://here.news/story/1c89e81c?ver=0.13
IMF: Argentina Meets Programme Targets, Seeks Additional Funding to Remove Currency Controls
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#1c89e81c ver:0.12
Argentina has met the targets of its International Monetary Fund (IMF) credit programme by 'significant margins.' President Javier Milei’s stabilisation plan 'has yielded better results than we expected in our last programme review,' says Rodrigo Valdés, IMF's director for Latin America and the Caribbean. The IMF believes that its policy is bearing fruit, with the first fiscal surplus in a decade, steadily rebuilding reserves, strengthening the Central Bank's balance sheet, and inflation coming down faster than anticipated. The eighth quarterly review of the US$44.5-billion loan deal is scheduled for May. Milei plans to address the nation in a prime-time speech on the topic. Economy Minister Luis Caputo is seeking an additional US$15 billion to eliminate Argentina’s currency controls. The ...
#newstr #Argentina #Imf #CreditProgramme #JavierMilei #FiscalAdjustment #Reserves #Inflation #LoanDeal #CurrencyControls #Economy
https://here.news/story/1c89e81c?ver=0.12
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