Argentina managed to comply with the reduction of the fiscal deficit and the Central Bank's reserve purchase specifications, established by the International Monetary Fund, for which it will receive a disbursement of USD 800 million in June.
The South American country passed the IMF's eighth review…
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International Monetary Fund
IMF will provide support of USD 4,000 million to Ecuador
Ecuador signed a 48-month agreement with the International Monetary Fund to receive USD 4 billion, within the framework of the Expanded Fund Facility (SAF).
The money will be used in various economic policies and structural reforms,…
IMF forecasts economic growth of 4 % for Venezuela at the end of 2024
The economic growth forecast of the International Monetary Fund for Venezuela, at the end of 2024, is 4 %. It would be the highest index in the region.
According to the latest IMF report, “World Economic Outlook”, Venezuela's GDP at the…
Peru will test CBDC with support from the IMF
Peru will begin pilot tests for a central bank currency, or CBDC, according to the recent announcement by the Central Reserve Bank of Peru.
The local institution has indicated that the main objective is to promote financial inclusion “as…
Costa Rica will receive disbursements of USD 510 million from the IMF
On Friday, April 12, the International Monetary Fund concluded a review of Costa Rica's economic performance, which concluded with the approval of two loans amounting to USD 510 million.
The IMF technical mission issued a statement…
CAF grants loan to Argentina for USD 960 million to pay the IMF
In the midst of a severe financial crisis, Argentina received a loan from the CAF for USD 960 million to pay the International Monetary Fund, as indicated by the Central Bank.
Spokespersons for the organization indicated that the country…
Milei’s dollarization proposal in Argentina to be evaluated
Argentina is preparing for significant change with the inauguration of Javier Milei as president, whose liberal proposals have resonated positively with the International Monetary Fund (IMF) and among investors. However, the not ruled out…
IMF increases growth forecast for Latin America by 1.9 %
The International Monetary Fund (IMF) expects the Latin American economy to grow by 1.9% in 2023, which represents an improvement of three tenths compared to the latest projections of the organization published last April.
This upward…
IMF urges strict regulations for cryptocurrencies
The International Monetary Fund (IMF) issued a call to States not to grant cryptocurrencies the status of official currency or legal tender, emphasizing the need to establish stricter regulations.
In a recent report, the IMF highlighted…
The IMF highlighted the advances in digital adoption in Latin America
The most recent report published on the International Monetary Fund (IMF) portal highlights the advances in digital adoption in Latin America and emphasizes the need to improve the regulation of cryptocurrencies.
The IMF recognizes the…
IMF on alert for the “shock” of artificial intelligence
The introduction of Artificial Intelligence (AI) may represent an "unprecedented shock" in labor markets, as warned by the first deputy director general of the International Monetary Fund (IMF), Gita Gopinath, for whom there are no…
IMF: Banking crisis impacts global financial stability
The president of the International Monetary Fund, Kristalina Georgieva, warned this weekend about the implications of the recent banking crisis on global financial stability.
During her intervention at the China Development Forum, in…