IMF is assisting countries mired in debt crisis
The programme that freezes payments on IMF debt from poor countries is expected to be extended through 2021...
Tag : Argentina
Argentina to request IMF for an extended fund facility
This will allow the country to develop a host of economic reforms and delay repayment of loan worth $44 billion...
Argentina’s instability slows currency devaluation
This adds to the increasing pressure on the peso and declining foreign reserves, further affecting the economy on many levels...
Uncertainty in Latam’s economic recovery stokes concerns
The current economic recovery of Latin America remains skeptic over increasing huge budget deficits and reducing investor confidence. It seems that the region’s economic recovery from the recession induced by the pandemic is now in question. The Latin American region, in particular is facing a string of challenges, especially with countries like Brazil, Argentina, Colombia,...
China-developed solar park goes online in Argentina
The Cauchari Solar Park is the largest of its kind in Latam...
Argentina seeks to boost oil and gas production as part of economic revival
In the first half of the year, the country’s crude oil exports increased 33 percent to an average of 51,840 barrels per day...
Mercado Libre is preparing to foray into Chile’s fintech sector
Acquiring a special licence will allow Mercado Libre to launch several new products in the country including credit cards...
Argentina’s economy faces challenge as Macri loses primary
The already unstable economy to face further repercussions if the leftist party wins...
More good news for Macri as Argentina posts $11.16 mn surplus in April
With the deceleration in inflation in April, the developments boost president’s re-election chances...
New deals between Latin America and GCC can add $9.8 billion to trade flows
Trade between the two regions reached $16.3 billion in 2018 with Brazil and UAE leading trade exchanges...