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International Monetary Fund

IMF and Colombia agree on a new credit

The Executive Board of the International Monetary Fund (IMF) approved a new two-year agreement in favor of Colombia within the framework of the Flexible Credit Line (LCF) for an approximate amount of 9,800 million dollars, as reported in a…

The IMF will seek to simplify EU tax regulations

The International Monetary Fund (IMF) expressed its support for a reform of the fiscal rules of the European Union that contributes to reducing their complexity and overlap with national regulations, thus facilitating compliance with them.…

IMF proposes global standards for CBDC

The International Monetary Fund (IMF) recently published a series of regulations that are aimed at emerging markets and developing economies in terms of cryptocurrency adoption. The IMF believes in the potential of digital assets as a tool…

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.…

IMF will meet with authorities of El Salvador

The International Monetary Fund (IMF) announced that it will hold a meeting with the authorities of El Salvador to discuss the new economic policy, which would accept  bitcoin as legal tender. According to the IMF spokesman, Gerry Rice,…

IMF launches global vaccination proposal

The International Monetary Fund (IMF) prepared a proposal that consists of having 50,000 million dollars to apply a mass vaccination plan against Covid-19 for the world. The organism's goal is to have 40 % of the world's population…

IMF allocation to Honduras will increase

The International Monetary Fund (IMF) and Honduras reached an agreement at a technical level on the fourth review of the Economic Program under the Credit Facility Agreement (Stand-By), by which it will be proposed to increase the level of…

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…

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…