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Alberto Fernández

Brazil and Argentina will have a common currency

The governments of Brazil and Argentina will announce next week preparations to launch a common currency project that could turn the two countries, the two largest South American economies, into the world's second-largest currency bloc. The initial intention is that this new currency, whose name…
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Argentina has a new Minister of Economy

The president of Argentina, Alberto Fernández, appointed Silvina Batakis as the new Minister of Economy after the resignation of Martín Guzmán due to pressure due to the economic situation in the country. Batakis is 54 years old, is an…

FMI to decide agreement with Argentina

The Directory of the International Monetary Fund (IMF) will meet to vote if it finally gives a green light to the agreement reached with Argentina for the deployment of a program of 45,000 million dollars that would refinance the loan that…

Argentina regulates prices of 580 market products

The Government of Argentina announced that the country's supermarkets must lower the prices of 580 products to the value they had on March 10 due to "unjustifiable increases." The decision was adopted by the Ministry of Internal Trade,…

Senate of Argentina approves the agreement with the IMF

The Senate of Argentina approved with 56 votes in favor, 13 against the sector led by Cristina Kirchner and three abstentions the agreement signed between the Argentine president, Alberto Fernández, and the International Monetary Fund…

Argentina’s debt with the IMF expires on Friday

The Government of Argentina has this Friday a debt maturity with the International Monetary Fund (IMF) of 730 million dollars corresponding to the 45,000 million loan that the agency granted in 2018 to the previous Administration of…
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CAF grants financing for projects in Argentina

At a meeting held in the Casa Rosada, Alberto Fernández, President of Argentina, and Sergio Díaz-Granados, Executive President of the Development Bank of Latin America (CAF) agreed on financing in the order of 2,670 million dollars for the…

IMF and Argentina work on debt restructuring

The International Monetary Fund (IMF) held "productive meetings" with Argentina to advance an economic program and the restructuring of 44,000 million dollars of debt that the country requested under the administration of Mauricio Macri.…

Inflation in Argentina continues to slow down

Inflation in Argentina in May advanced by 3.3 % compared to April, slowing down by 0.8 points compared to April and standing at 21.5 % so far this year, according to data released this Wednesday by the National Institute of Statistics and…

President of Argentina asks for more time to pay the debt

The president of Argentina, Alberto Fernández, asked the International Monetary Fund (IMF) for an extension of the term to pay the debt after agreeing with the vice president, Cristina Fernández, that currently the debt is "unpayable ".…