Argentina
Debt restructuring code adopted by G20
German Finance Minister Hans Eichel confirmed on Sunday 21 November that the G20, excluding Argentina, had adopted a set of rules on sovereign debt restructuring in Berlin at the G20's annual meeting.
Argentina passes financial system reform package
Argentine central bank president Martin Redrado and four local banking associations, ABA, ADEBA, ABAPPRA and ABE have approved a new banking sector reform package called Compensacion Federal Uniforme, the central bank said in a statement.
Argentina's Redrado on cb's 6-yr goals
In a speech on 'Central Bank of Argentina's key mission for the next six years' given on 5 October, Martin Redrado of the Central Bank of Argentina said our goals are to consolidate price stability and restore the peso's role and value. Create a…
Report says Argentina to relax forex controls
The Argentine central bank will try gradually to lift controls imposed on foreign exchange transactions, daily La Nacion reported, without naming sources.
Inaugural speech by Argentina's Redrado
In a speech to his staff on 24 September, the new Governor of the Central Bank of Argentina, Martin Redrado, said he aims at creating and developing new challenges. He said his goals include consolidating the value of the peso as a clear value reserve…
Euromoney award goes to Argentina's Prat-Gay
At the IMF/World Bank meetings in Washington on October 3, Euromoney will present its central bank governor of the year award for 2004 to Alfonso Prat-Gay of Argentina. Request a free trial to view this article from Euromoney's September issue.
Argentina's repayment dates to IMF extended by 1yr
Argentina's debt repayment dates to the International Monetary Fund were extended by a year on Friday, the agency said.
Argentine protesters at IMF storm cb building
About 400 protesters waving banners marched into the main entrance of the central bank of Argentina in Buenos Aires last week, calling for President Nestor Kirchner to end relations with the International Monetary Fund.
IMF's Rato to visit Argentina
Rodrigo Rato, the managing director of the International Monetary Fund, was due in Buenos Aires on Tuesday for talks on Argentina's financial situation.
Argentina to honour IMF debts
Argentina will honour its multi-billion dollar debts to the IMF to the end of the year despite an impasse in loan negotiations, Cabinet Chief Alberto Fernandez said Monday.
IMF criticised in report on Argentina
The IMF has been urged to have clear "stop loss" rules when deciding if its support for a country's policies was working or if a more fundamental change was needed.
IMF delays Argentine loan
The International Monetary Fund has delayed approval of a $728 million loan payment to Argentina, forcing the country to draw on central bank reserves to pay back multinational lenders.
Argentina raises 2004 economic growth prediction
The Argentinian central bank on Thursday 22 July revised its forecast on the country's GDP growth rate for 2004 from 6 to 8 percent. The bank also predicted that the inflation rate will stand at 6.7 percent and the unemployment rate will drop from 14.5…
New board game in Argentina aims to beat the IMF
A new board game called 'Eternal Debt' is keeping people in Argentina busy at the moment. The point of the game is to try to beat the International Monetary Fund (IMF) by accumulating the least debt. The game is subtitled 'Who can beat the IMF?' and it…
IMF expect 'progress' in Argentina discussions
The International Monetary Fund expects a significant advance in discussions to complete the third review of the program with Argentina, said IMF Managing Director Rodrigo Rato during a forum in Paris.
IMF's Rato upbeat on global economy
New IMF chief Rodrigo Rato has given an upbeat assessment of the global economy, also pledging to listen more to the developing world and to review the crisis in Argentina.
IMF approves second Argentine loan review
The Executive Board of the International Monetary Fund (IMF) on Monday 22 March completed the second review of Argentina's performance under a three-year SDR 8.98 billion (about US$13.3 billion) Stand-By Arrangement.
Argentina and Brazil join forces over Fund rules
Brazil and Argentina joined forces on Tuesday 16 March, asking the International Monetary Fund to remain flexible regarding their budget surpluses.
Argentina avoids new IMF debt default
Argentina's government made a $3.15 billion payment to the International Monetary Fund on Tuesday 9 March, averting a new debt default with the Fund.
Argentina on brink of new IMF default
Argentina was on the brink of a new debt default with the IMF on Tuesday 9 March as last-minute discussions went to the wire while the Argentine government studied an IMF proposal.
Argentina won't pay IMF without accord revisions
President Nestor Kirchner said on wednesday 11 February that the Argentine government would not use its reserves to make its next instalment of payments due to the IMF unless it first approves revisions to the accord.
Argentina holds 'constructive' IMF talks
Argentina's Economy Minister Roberto Lavagna described talks with IMF chief Horst Koehler on Monday as constructive but said there was no change in its offer to repay its defaulted debt at 25 cents on the dollar.
Argentina's Lavagna to meet IMF's Koehler
Argentine Economy Minister Roberto Lavagna will meet IMF Managing Director Horst Koehler in Miami on Monday 9 February to discuss the second review of a $13.3 billion loan deal, an economy ministry source said on Thursday.
Prat-Gay: Argentine creditors must take losses
Argentina's central bank governor Alfonso Prat-Gay told investors at the World Economic Forum on Wednesday 21 January that his country's creditors will have to take large losses on their defaulted debt.