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Argentina Portal
Briefing
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Extract from the Briefing covering the period 05/04/2005-22/05/2005
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IMF Defers US$2.5 Billion in Repayments
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At the beginning of May the Foreign Minister, Rafael Bielsa, and the Argentine Ambassador in Washington, Jose Octavio Bordon, began a new phase in foreign policy with the US, with a strong stimulus fo...
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Extract from the Briefing covering the period 23/02/2005-04/04/2005
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2004 Economic Growth at 12-Year High
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The IMF said it was studying the debt swap, keeping the possibility open that it could ask Argentina to re-negotiate with creditors who rejected the offer....
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Extract from the Briefing covering the period 07/01/2005-22/02/2005
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GDP Growth of 8.8% in 2004 Beats Forecast
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A bill submitted by the government to the Senate to prohibit the reopening of its US$102.6bn debt swap offer (which runs from January 14th to February 25th) was passed on February 3rd. It was given fi...
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Extract from the Briefing covering the period 15/11/2004-06/01/2005
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Launch of Record US$102.6bn Debt Swap to go Ahead
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Amid a state visit by Chinese Premier Hu Jintao in November, officials announced that Chinese companies had pledged to invest US$19.7bn over the next ten years on projects in Argentina, including rail...
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Extract from the Briefing covering the period 20/09/2004-14/11/2004
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New Restructuring Plan Unveiled for US$100bn of Defaulted Debt
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Former Argentine President and head of the Mercosur trade bloc's permanent council Eduardo Duhalde said that ten South American countries would officially launch the so-called "South American...
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Extract from the Briefing covering the period 28/07/2004-19/09/2004
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IMF Gives One Year Reprieve on Debt Repayment
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The government has removed one of its most internationally respected figures just as it enters a critical phase of a US$100bn debt restructuring, replacing Central Bank Chief Alfonso Prat-Gay with Dep...
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Extract from the Briefing covering the period 21/06/2004-27/07/2004
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Government Awaits IMF's Third Review
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On July 24th Argentine President Nestor Kirchner sacked justice minister Gustavo Beliz and his team. No official reason was given but there has been increasing controversy over the government's ha...
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Extract from the Briefing covering the period 27/04/2004-20/06/2004
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Inflation Near 16-Month High in May
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At the EU-Latin American summit in Mexico at the end of May (comprised of EU, Latin American and Caribbean leaders), the EU delayed launching free trade with Central America and Andean nations and sai...
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