Business Maverick: Argentina Inks $45 Billion Staff-Level IMF Deal in Key Step

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 84%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Argentina inked an agreement with the staff of the International Monetary Fund on a new program Thursday, a key step toward finalizing a $45 billion deal after almost two years of negotiations.

The staff-level accord, which includes commitments to narrow the government’s fiscal deficit and money-printing while unwinding energy subsidies, will seek to address the country’s “persistent” high inflation and improving public finances, according to areleased by the IMF.The program will now be sent by the government to congress for approval, the Argentine Economy Ministry said in a separate statement, before reaching the IMF’s executive board for final approval.

Economy Minister Martin Guzman, along with other members of his economic team, are scheduled to present the agreement to congress on March 7. The government faces not only a divided ruling coalition but also increasing animosity from the opposition, making the approval more challenging. Without providing specifics, the officials said the agreement intends to roll back Argentina’s currency controls, which companies operating in the country often complain about.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 3. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Business Maverick: Ex-Goldman Banker Casts Boss as Habitual Liar at 1MDB TrialFormer Goldman Sachs Group Inc. banker Roger Ng’s defense team depicted his former boss Tim Leissner as a habitual liar who shaded the truth at every turn to get what he wanted.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »

Business Maverick: BHP Says It Must Do More to Address Toxic Workplace CultureBHP Group Ltd. has been focused on tackling all forms of harassment at its workplaces for some time, but the company still has more to do, Chairman Ken MacKenzie said in a speech Wednesday.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »

Business Maverick: Fitch And Moody’s Cut Russia’s Rating to Junk: Ukraine UpdateRussia’s invasion of Ukraine was denounced by the United Nations General Assembly, underscoring Moscow’s increasing isolation on the global stage, as U.S. authorities weighed restrictions on Russian imports.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »

Business Maverick: American Executive Found Guilty of Helping Ghosn Hide IncomeFormer Nissan Motor Co. director Greg Kelly was found guilty of helping Carlos Ghosn underreport his compensation, with a Tokyo court giving him a six-month suspended sentence in a decision that draws a line under one of the most shocking corporate takedowns of the past decade.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »

Business Maverick: Russia’s ‘Uninvestable’ Stocks Cut by MSCI, FTSE Russell IndexesMSCI Inc. and FTSE Russell are cutting Russian equities from widely-tracked indexes, isolating the stocks from a large segment of the investment-fund industry.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »

Business Maverick: Mayhem Reigns in Oil Markets as Traders Avoid Russian SupplyGlobal oil markets are in a state of flux unlike anything traders say they’ve seen in recent years as they grapple with the sudden disappearance of saleable products from the world’s second-biggest exporter.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »