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Search resuls for: "SERGIO MASSA"


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☆ Argentina's replaces three ministers amid economic crisis, puts more women in power
  + stars: | 2022-10-10 | by ( ) www.reuters.com   time to read: +1 min
BUENOS AIRES, 10 Oct (Reuters) - Argentine President Alberto Fernandez on Monday again reshuffled his Cabinet and appointed three women to lead the labor, social development and women's ministries, as a deep economic crisis has sparked weeks of protests. Ayelen Mazzina, current secretary of Women, Diversity and Equality of San Luis province, will take over as the new minister of Women, Gender and Diversity. She will replace Elizabeth Gomez Alcorta who resigned after opposing the eviction of a group of indigenous Mapuche women from land in the southern Patagonia region. The latest Cabinet changes come less than three months after the government reshuffled the economic ministries, naming Sergio Massa to be Argentina's economy "superminister" in an attempt to contain the worsening economic crisis. Register now for FREE unlimited access to Reuters.com RegisterReporting by Eliana Raszewski; Editing by Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.
☆ IMF staff back $4 billion tranche for Argentina, praise 'decisive' steps
  + stars: | 2022-09-19 | by ( ) www.reuters.com   time to read: +2 min
Demonstrators sit near the National Congress as the senate debates the government's agreement with the International Monetary Fund (IMF), in Buenos Aires, Argentina March 17, 2022. REUTERS/Agustin MarcarianBUENOS AIRES, Sept 19 (Reuters) - The International Monetary Fund (IMF) has reached a staff-level agreement on Argentina's $44 billion extended fund facility arrangement,which should unlock nearly $4 billion in funds for the country, the lender said on Monday. Argentina, a major grains producer, struck a new IMF deal earlier this year to replace a huge failed program from 2018. "A subsequent period of FX and bond market volatility has been arrested following decisive policy steps to correct earlier setbacks and rebuild credibility." On Argentina's reserves, which have proven hard to rebuild, the IMF said that they should still rise by some $9.8 billion in the 2022-23 period, in line with program targets.
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