IMF Approves Argentina Deal; Rio de Janeiro to Allow Tax Payments in Crypto

A roundup of Friday’s news from across Latin America

Bloomberg Línea
March 25, 2022 | 11:30 PM
Reading time: <1 min.

Bloomberg Línea — The IMF’s board on Friday approved the agreement reached in recent weeks ago by the IMF staff and the Argentine government to refinance the country’s $45 billion debt that corresponds to the deal signed in 2018.

The Brazilian city of Rio de Janeiro will allow the use of cryptocurrency tokens for the payment of taxes from 2023, making it the first city in the country to do so.

On the region’s stock markets, Argentina’s Merval (MERVAL) index registered the best performance in Latin America after closing with a gain of 3.22%, powered by the rise of shares in the energy sector.

Following is a roundup of Friday’s news from Bloomberg Línea and Bloomberg reporters across Latin America.

Argentina:

Brazil:

Colombia:

Dominican Republic:

Ecuador:

Mexico:

Panama: