IMF Archives - Energy Analytics Institute (EAI)

Paz seeks approval for $1.9bn IMF loan, 90-day extension of the state of emergency

BOGOTÁ, COLOMBIA (By Ana Sanches, Editores Latin Petroleum, 15.Sep.2026, Words: 218) — Bolivia’s president Rodrigo Paz asked the Legislative Assembly to approve this week a $1.9bn loan from the International Monetary Fund (IMF). The agreement with the IMF is already in the hands of the legislature for analysis, La Razón […]

Venezuelan GDP expected to rise 6.5% by YE:26, says Delcy Rodríguez

CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 25.Aug.2026, Words: 197) — Venezuela’s gross domestic product (GDP) is expected to rise 6.5% by the year-end 2026. This, according to Venezuela’s interim president Delcy Rodríguez, talking during a national address broadcast on Venezuelan television, and citing data from the Economic Commission for […]

PRESS DIGEST 1 AUG 2026: EVs export to China; IOCs with headwinds in VEN

CARACAS, VENEZUELA (By Energy Analytics Institute, 1.Aug.2026, Words: 555) — The following briefs span company details on the International Energy Agency (IEA), KAPSARC, International Monetary Fund (IMF), Shell Companies, Petrotrin, Exxon, Shell Nigeria Exploration and Production Company Limited (SNEPCo) and Chevron among others. The briefs are compiled from varied media outlets […]

IMF and Bolivian government agree on initial $1.9bn disbursement

CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 29.Jul.2026, Words: 102) — After months of negotiations, the Bolivian government and the International Monetary Fund (IMF) reached an agreement to finance reconstruction of the national economy. RELATED: BORR DRILLING FINALIZES PURCHASE OF 5 RIGS IN MEXICO THROUGH NEW JV BC VENTURES

Venezuela initially accesses $346mn in IMF resources after dual earthquakes

CARACAS, VENEZUELA (By Piero Stewart, Energy Analytics Institute, 17.Jul.2026, Words: 153) — Following the devastating double earthquakes on 24 Jun. 2026 that struck Venezuela, the country’s government initially accessed $346mn from its own resources at the International Monetary Fund (IMF). These fund are to be allocated to the recovery and reconstruction […]

Sheinbaum downplays IMF comments about uncertainty for investments in Mexico

MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 8.Jul.2026, Words: 129) — Mexico’s president Claudia Sheinbaum sent a message to the International Monetary Fund (IMF) after it lowered its economic growth estimates for Mexico. “There is no uncertainty for investment in Mexico, none whatsoever,” Sheinbaum said on 8 Jul. 2026 during […]

IMF says Mexico to grow slower than previously expected

MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 8.Jul.2026, Words: 132) — Mexico’s growth will be slower than previously forecast this year and next, according to the International Monetary Fund (IMF). This, as the organization lowered its estimates for 2026 and 2027 and updated its global economic outlook, El Financiero reported […]

Venezuela to create special $200mn IMF earthquake fund, Delcy says

HOUSTON, TEXAS (By Pietro D. Pitts, Editores Latin Petroleum, 25.Jun.2026, Words: 192) — Venezuela will create a special fund for the reconstruction of affected areas of the country in the aftermath of 2 massive earthquakes reported on 24 Jun. 2026. The funds will also be directed to providing assistance to victims.

World Bank officials visit Delcy Rodríguez in Caracas to talk about investments

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 15.May.2026, Words: 284) — This, as part of a new phase of dialogue geared towards attracting international investment. The high-level delegation from the World Bank was headed by the World Bank vice president for Latin America and the Caribbean Susana Cordeiro Guerra […]

Venezuelan economy set to grow 4%-7.4% in 2026, according to the IMF and UNDP

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 23.Apr.2026, Words: 128) — Venezuela’s interim president Delcy Rodríguez emphasized the resilience of the OPEC country’s business sector and expressed her desire for a sanctions-free Venezuela to fully expand its capabilities and wealth. RELATED: PETROECUADOR PROMOTES INCREASED ASSOCIATED GAS EXTRACTION IN […]

Venezuela eyes recovery of $5bn from the IMF

PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 20.Apr.2026, Words: 230) — Venezuela is working to recover $5bn from the International Monetary Fund (IMF). These resources are crucial for the country’s comprehensive recovery plans and for strengthening the social system for workers, according to Venezuela’s interim president Delcy Rodríguez.

PRESS DIGEST 17 APR. 2026: Refidomsa growth; Coca Codo Sinclair in ECU; Machado in Madrid

MONTERREY, MEXICO (By editors with Energy Analytics Institute, 17.Apr.2026, Words: 552) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Sinohydro Corporation, Celec EP, among others. Energy Analytics Institute (EAI) […]

EAI brief: IMF reveals new GDP estimates for 2025 and 2026

WASHINGTON, DC (By Editors at Energy Analytics Institute, 18.Oct.2025, Words: 74) — The International Monetary Fund (IMF) revealed world economic outlook growth projections for 2025 and 2026 for emerging markets and developing economies. India’s economy or gross domestic product (GDP) is expected to grow 6.6% in 2025 and 6.2% in […]

Argentina: first review under extended arrangement under fund facility [pdf download]

WASHINGTON, DC (By IMF, 1.Aug.2025, Words: 133) — The new fund-supported program has had a strong start. Appropriately tight fiscal and monetary policies have underpinned the smooth transition toward a more flexible exchange rate regime and the easing of most foreign exchange (FX) restrictions. Inflation and inflation expectations are firmly […]

EAI brief: LatAm countries and economic growth in 2025/2026 [table]

BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 28.Jul.2025, Words: 169) — Argentina, Brazil and Mexico, 3 of the largest economic powers in the Latin America and Caribbean (LAC) region, are set to exhibit varying degrees of growth in 2025 and 2026. RELATED: Pemex financial debt, amounts owed providers

IMF and “tenuous resilience amid persistent uncertainty” [pdf download]

WASHINGTON, DC (By IMF, 28.Jul.2025, Words: 292) — Global growth is projected at 3% for 2025 and 3.1% in 2026, the International Monetary Fund (IMF) said in its Jul. 2025 World Economic Outlook update. The forecast for 2025 is 0.2% point higher than that in the reference forecast of the […]

IMF says 119 countries have public debt higher than before the COVID-19 pandemic

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 23.Apr.2025) — According to International Monetary Fund (IMF) staff calculations, 119 countries in the world have public debt higher than before the COVID-19 pandemic onslaught. To address this challenge, “resilience is needed everywhere: countries should redouble efforts to keep their own fiscal house […]

IMF revises global growth forecasts downward [PDF download]

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 22.Apr.2025) — The global economy has appeared to have stabilized, with steady yet underwhelming growth rates, according to the International Monetary Fund (IMF). This, after enduring a prolonged and unprecedented series of shocks. The agency warned however that the landscape has changed as […]

IMF reaches deal with Argentina for $20bn extended fund facility

ATLANTA, GEORGIA (Chad Archey, Energy Analytics Institute, 8.Apr.2025) — Staff with the Washington-based International Monetary Fund (IMF) and authorities from Argentina reached a staff-level agreement on a comprehensive economic program that could be supported by a 48-month arrangement under the extended fund facility (EFF) for $20bn. The agreement is subject […]

The IMF Says Southeast Asia’s Economies to Benefit from Packaging Ambitious Reforms

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 25.Mar.2025) — Combining deliberate, ambitious structural overhauls can help the Southeast Asia region’s largest economies achieve higher potential economic growth and sustainably attain high income levels, according to the International Monetary Fund (IMF). The IMF said that Southeast Asia’s major economies have made […]

IMF Expects World Output to Rise 3.3% in Both 2025 and 2026 [PDF Download]

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 17.Jan.2025) — The International Monetary Fund (IMF) projects global growth at 3.3% both in 2025 and 2026, below the historical (2000–2019) average of 3.7%. Within Latin America and the Caribbean, Brazil is projected to grow 2.2% in both 2025 and 2026, while Mexico, the […]

Saudi Arabia Signals Oil Policy Shift

(The Washington Institute, 27.Sep.2024) — The kingdom anticipates and accepts lower oil prices, according to a news report, but the impact on other producers could be comparatively damaging. On September 26, an exclusive in the Financial Times indicated that Saudi Arabia is ready to abandon its unofficial oil price target of $100 […]

IMF Unlocks $4.7bn for Argentina Amid Economic Crisis

(Al Jazeera, 11.Jan.2024) — Argentina and the International Monetary Fund (IMF) have finalised an agreement to release $4.7bn as part of a debt restructuring plan for the troubled South American nation. Latin America’s third-biggest economy is facing dire economic challenges after decades of debt and financial mismanagement, with inflation surpassing 160 percent […]

IMF Grants Argentina Access to $4.7bn

(IMF, 10.Jan.2024) — An International Monetary Fund (IMF) team, led by Luis Cubeddu, Deputy Director of the Western Hemisphere Department and Ashvin Ahuja, Mission Chief for Argentina, issued the following statement in Buenos Aires today following the conclusion of discussions on the seventh review of the Extended Fund Facility (EFF) […]

Africa
Congo

IMF on Staff-Level Agreement with the Democratic Republic of the Congo

(IMF, 31.Oct.2023) — End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary […]

Argentina Asks Oil Firms to Fund Their Own Imports Amid Forex Shortage

(Reuters, 24.May.2023) — The Argentine government has asked oil companies to finance their own imports for 90 days due to the shortage of foreign currency at the country’s central bank, an official source familiar with the matter said on Wednesday. The request follows a decision from the government to request […]

IMF’s Lower Bar for Argentina Already Looks Too High

(Reuters, 5.Apr.2023) — The International Monetary Fund (IMF) has given Argentina something of break by easing economic targets in its $44 billion loan deal, but some rosier-than-reality program forecasts may be setting the South American country up for more failure. The IMF this week cut the level of foreign currency […]

The Price of Energy Insecurity

(IMF, 22.Dec.2022) — Climate change is an environmental issue. It’s also clearly an economic issue, and at the heart of the economics of climate change is energy security. The ripple effects of climate change and the impacts of energy security washed across the global economy throughout 2022, leaving few safe […]

Global Economic Growth Slows Amid Gloomy Outlook

(IMF, 26.Jul.2022) — The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook. Many of the downside risks flagged in our April World Economic Outlook have begun to materialize. Higher-than-expected inflation, especially in the United States and major European […]

Argentina economy minister Guzman resigns as divisions grow

BUENOS AIRES, ARGENTINA (Bloomberg, 2.Jul.2022, Words: 683) — Argentine Economy Minister Martin Guzman resigned Saturday, marking the biggest departure of President Alberto Fernandez’s government after infighting within the ruling coalition escalated. Guzman announced his decision in a seven-page letter published on Twitter. No replacement was immediately announced. The minister had come under […]

NRGBriefs: Argentina’s Finance Minister Martín Guzmán Meets with IMF Executive

(Energy Analytics Institute, 23.Apr.2022) — Energy and financial briefs including Argentina’s Finance Minister Martín Guzmán holding a wide ranging discussion in the US with International Monetary Fund (IMF) First Deputy Managing Director Gita Gopinath; and between 82% and 96% of the entire Venezuelan population is said to not have access […]

UWI Economist Urges CARICOM to Look Within for Oil Supplies

(The Gleaner, 20.Mar.2022) — A day after Russia invaded Ukraine, sending oil prices skyrocketing to heights not seen since 2014, McCarthy Marie, a former University of the West Indies economist, wondered aloud whether the United States would consider invading Venezuela, which has some of the largest oil reserves in the […]

IMF and Argentine Authorities Reach Agreement on an Extended Fund Facility

(IMF, 3.Mar.2022) — An International Monetary Fund (IMF) team, led by Julie Kozack, Deputy Director of the Western Hemisphere Department, and Luis Cubeddu, Mission Chief for Argentina, issued the following statement today: “IMF staff and the Argentine authorities have reached a staff-level agreement on the economic and financial policies to […]

How China Beat Out the US to Dominate South America

(Bloomberg, 17.Feb.2022) — In the hinterland of Argentina, Mario Pizarro’s office looks like a shrine to China. There’s the framed photo of a Chinese peasant with Pizarro’s face superimposed beneath the conical farmer hat. There’s the blue-robed smiling Buddha statue. And there’s the model wind turbine from a Chinese company […]

World Bank: Global Growth to Slow Through 2023

(World Bank, 11.Jan.2022) — Following a strong rebound in 2021, the global economy is entering a pronounced slowdown amid fresh threats from COVID-19 variants and a rise in inflation, debt, and income inequality that could endanger the recovery in emerging and developing economies, according to the World Bank’s latest Global Economic […]

IMF Approves Extended Arrangement for Suriname

(IMF, 22.Dec.2021) — The Executive Board of the International Monetary Fund (IMF) approved a 36-month arrangement under the Extended Fund Facility (EFF) for Suriname in an amount equivalent to SDR472.8mn (about $688mn or 366.8% of quota). The Board’s decision enables an immediate disbursement equivalent to SDR39.4mn (about $55.1mn). The IMF […]

Argentina President Set to Decree $1.6bn Vaca Muerta Gas Pipeline

(Reuters, 21.Dec.2021) — Argentina’s President Alberto Fernandez will sign a decree in the next few weeks to push forward construction of a major new gas pipeline system in the country’s huge Vaca Muerta shale formation, a government source told Reuters, a key move to boost gas exports. The timeline and […]

NRGBriefs: YPF’s 3Q:21 webcast, PGF’s global notes

(Energy Analytics Institute, 30.Sep.2021) — Energy briefs including Argentina’s YPF announcing details of its 3Q:21 webcast, Petrobras Global Finance B.V. (PGF) on settlement of early redemption of global notes, and refining worker detentions in Venezuela, among other updates. LATIN AMERICA AND CARIBBEAN Argentina

LatAm Briefs: Colombia Unrest, Argentina President In Europe, Pampa Webcast

(Energy Analytics Institute, 13.May.2021) — Energy briefs from the Latin America and Caribbean region including: ongoing national strike and protests in Colombia impacting fuel supply; Argentina’s President to meet with Kristalina Georgieva, head of the International Monetary Fund (IMF); and Pampa Energía S.A. hosting its 1Q:21 Webcast Colombian Protests Impacting […]

LatAm Briefs: Argentina’s IMF Payments, Odebrecht Arrest Warrants

(Energy Analytics Institute, 30.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: Argentina only paying the IMF around $3.1bn in interest and arrest warrants being issued for three former Odebrecht executives. Argentina Has Only Paid The IMF $3.1bn In Interest Argentina has paid the International Monetary Fund […]

Barbados Implements IMF’s Enhanced General Data Dissemination System

(IMF, 24.Mar.2021) — Barbados has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing essential data through the National Summary Data Page (NSDP). The e-GDDS was established by the IMF in 2015 to support improved data transparency, encourage statistical development, and help create synergies between […]

LatAm Briefs: Argentina And IMF, ANCAP 2020 Loss

(Energy Analytics Institute, 23.Mar.2021) — Energy briefs from the Latin America and Caribbean region including: the IMF contemplating lending $4.4bn to Argentina and Uruguay’s ANCAP reporting a $12mn loss in 2020. IMF Could Lend $4.4bn To Argentina The International Monetary Fund (IMF) could lend Argentina around $4.4bn, according to reports […]

LatAm Briefs: YPF Chubut CAPEX, Fracking In Colombia

(Energy Analytics Institute, 17.Mar.2021) — Energy briefs from the Latin America and Caribbean regions Argentina, Colombia and Uruguay including: YPF’s investment plans in Chubut, Argentina’s economic minister’s plans to visit with IMF officials in the US, ExxonMobil’s pilot fracking plans in Colombia, and ANCAP’s board naming a new general manager […]

Chinese Loans To LatAm Plunge As Virus Strains Ties

(AP, 24.Feb.2021) — It seemed like a match made in finance heaven. In 2010, China, its economy roaring and state companies looking to expand globally, set its eyes on Latin America, a region starved of capital but rich in natural resources the Asian giant lacked. The result: a record US$35 […]

Europe

IMF: World Economic Outlook Update

(IMF, 31.Jan.2021) — The International Monetary Fund (IMF) expects policy support and vaccines for Covid-19 to lift economic activity worldwide. Policy Support and Vaccines Expected to Lift Activity Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of […]

Argentine Finance Minister Seeks $44bn IMF Debt Deal

(Wall Street Journal, 30.Jan.2021) — With Argentina broke, Finance Minister Martín Guzmán is pushing for a deal by May with the International Monetary Fund to repay $44 billion in debt. To win the IMF’s acquiescence, he’ll narrow a yawning budget gap, he said in an interview on Friday. It is […]

Bankers ‘Bombard’ Guyana With Financing Plans

(Reuters, 21.Jan.2020) — As the former British colony begins its first significant oil production this year, it is wary of avoiding the mistakes made in oil-dependent economies such as Angola, Nigeria and its economically collapsing neighbor Venezuela. Winston Jordan, an economist and career public servant, also cited Guyana’s own history […]

Suriname Latest Big Oil Find As Industry Cuts Costs

(The New York Times, 20.Jan.2021) — The small South American country has become a hot prospect for oil companies looking to produce fossil fuels while spending less. The Atlantic waters off Guyana have become one of the world’s hottest oil-drilling zones. Now, international oil executives are looking at neighboring Suriname. […]

Argentina And Chile Briefs: IMF Debt, Pension Reform

(Energy Analytics Institute, 11.Nov.2020) — Briefs on Argentina and Chile related to IMF officials in Argentina to renegotiate around $44bn in debt and tensions rise in Chile over pension reform. IMF In Argentina To Renegotiate $44bn In Debt (Energy Analytics Institute, 11.Nov.2020) — Officials with the International Monetary Fund (IMF) […]

Venezuela Economy To Shrink 25% In 2020: IMF

(Energy Analytics Institute, 13.Oct.2020) — Venezuela, home to the world’s largest oil reserves and sizable natural gas and mineral deposits, is expected to be the worst performing economy in the Latin America and Caribbean (LAC) region with its gross domestic product (GDP) projected to contract 25% in 2020, according to […]