The president of the World Bank, David Malpass, warned of the negative implications for emerging and developing economies of setting an excessively high minimum corporate tax at the international level, such as the 21 % raised by the United States Secretary of the Treasury, Janet Yellen.
"It seems…
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IMF
IMF announces debt relief for several countries
This week, the International Monetary Fund (IMF) announced the extension of debt relief to more than 28 countries in a terrible economic situation, and that have also been severely affected by the coronavirus.
Initially, the Trust for…
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 ".…
Recovery of Latin America could start in 2023
The new waves of contagion in Latin America and the Caribbean threaten to frustrate the chances of recovery in several economies in the region, which in an uneven reactivation would not return to levels prior to the crisis until at least…
Argentina and the IMF want an agreement before May
The spokesman for the International Monetary Fund (IMF), Gerry Rice, said that the Washington-based institution will do everything possible to reach a debt agreement with Argentina before May, as suggested by Argentine Economy Minister,…
Argentina asked Merkel for help to negotiate debt with the IMF
The president of Argentina, Alberto Fernández, asked German Chancellor Angela Merkel for help in negotiating the payment of the debt with the International Monetary Fund (IMF).
Fernández thanked the support that Germany has provided to…