Perspectives on Remittance Flows in 2025
Todd Martinez, senior director and co-head of the Americas for sovereigns at Fitch Ratings: “Argentina’s deal with the IMF should give it access to the funds needed to pay off its prior program, averting risks of default to the institution or a further drawdown of depleted international reserves that would have greatly aggravated the economy’s woes. But the good news ends there. The deal does not include new funding. It green-lights some ‘muddle-through’ measures that compound, rather than fix, underlying problems. The higher exchange rate for exports and taxes on imports amounts to a partial devaluation that could help foreign exchange flows, but it will do so with an inflationary and recessionary effect, without anchoring confidence and expectations, and by damaging relations with trade partners. The deal waives noncompliance of past targets and sets new ones that do not appear credible, particularly by…”
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Gene Kuleta
Editor
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Goette-Luciak
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University of Hamburg
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DevryBV Sustainable Strategies
Joyce Chang
Global Head of Research,
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Corporate Vice President for Gov’t Relations,
Arcos Dorados (McDonald’s)
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Inter-American Dialogue
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Adtalem Global Education
Jon E. Huenemann
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GLG Inc.
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Monarch Global Strategies
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Int’l Gov’t Relations,
Exxon Mobil
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Georgetown University
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US Education Finance Group
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Chairman,
Grupo Marhnos
Thomas F. McLarty III
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McLarty Associates
Beatrice Rangel
Director,
AMLA Consulting
Ernesto Revilla
Head of Latin American Economics, Citi
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President,
IESA
Andrés Rozental
President, Rozental &
Asociados
Shelly Shetty
Managing Director,
Sovereigns, Fitch
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