IMF Chief Urges Argentina to Finish Debt Restructuring Plan
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The head of the International Monetary Fund has urged Argentina to agree soon to pay private lenders at least part of the $100 billion in debt the country stopped paying in January 2002.
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The government wants the International Monetary Fund (IMF) to relax its strict fiscal policies to give countries like the Philippines greater access to loans and investments.
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British Chancellor of the Exchequer Gordon Brown appealed to IMF members to cancel up to 100 percent of the debt owed multilateral lending bodies by poor countries.
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Argentine President Nestor Kirchner on Friday asked Cuban leader Fidel Castro to allow dissident Hilda Molina to leave the communist-ruled island and travel to Argentina, a government source said.
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By Louise Egan BUENOS AIRES, Argentina  - On the cusp ofArgentina's historic $102.6 billion debt restructuring, thegovernment on Wednesday warned investors the offer is final andwill never be improved or repeated.
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The International Monetary Fund board on Friday agreed to a request by Argentina to reschedule $1 billion in loan repayments, IMF sources said on condition of anonymity.
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An IMF team is in Zimbabwe as it tries to decide what to do about Harare's outstanding debt to the fund.
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With no major economic crises brewing, the head of the International Monetary Fund on Saturday urged world financial leaders to seize the period of calm as a time to tackle weak spots in their economies.
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German Chancellor Gerhard Schroeder called on the Paris Club of creditor nations Wednesday to suspend debt repayments from countries ravaged by this week&#39;s earthquake and tsunamis
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As nominations draw to a close,  Dominique Strauss-Kahn is tipped as new IMF leader.
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PARIS, Jan 4 (IPS) - French President Jacques Chirac has called for a  moratorium on repayment of foreign debt for countries hit by the  tsunami.
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The International Monetary Fund&#39;s shareholder governments told Argentina in a meeting on Friday to live up to its promises in a $13 billion loan program to tackle
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The International Monetary Fund said on Thursday the third review of Argentina&#39;s $13 billion loan program was delayed but both sides were still talking.
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Argentine President Nestor Kirchner on Wednesday criticized developed countries for their lack of commitment to environmental protection.
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WASHINGTON, Aug 18  - Rordigo Rato, the new head of the International Monetary Fund, will visit South America in early September, including Argentina, the IMF said on Wednesday, as tensions mount over the country&#39;s three-year loan program with ...
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BUENOS AIRES, Argentina  - In a tense meeting  marred by violent street protests, Argentine President Nestor  Kirchner on Tuesday told the head of the IMF to "not even  dream" of Argentina setting aside more money to pay its  defaulted debt.
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WASHINGTON - International Monetary Fund chief Rodrigo Rato urged Japan on Thursday to accelerate economic reforms and prepare macroeconomic policy with an eye to putting an end to deflation.