The libertarian Javier Mileileader of the far-right party La Libertad Avanza, has thrown himself headlong into the complex transition process ahead of his inauguration on December 10.
However, uncertainty continues to prevail among investors, especially because Milei has not finished defining the assembly of his Government and, in particular, the economic team that must execute the radical change of course proposed by Milei during the campaign, which includes a fiscal adjustment of “shock”dollarization and the closure of the Central Bank.
In this first week, the dance of names was intense and not very wordy, with designations later reversed and endless rumors, crossed by Milei’s decision to strengthen his alliance with other opposition sectors, in particular with the toughest Republican Proposal (Pro). , led by former president Mauricio Macri (2015-2019), and with the so-called federal Peronism that has opposed the Fernández Government.
The eventual landing of Luis Caputo, former Minister of Finance of the Macri Executive, as Minister of Economy of the new Government is perhaps one of the possibilities that has caused the most noise.
Although his appointment has not been confirmed, Caputo met with bankers to explain the measures he could adopt, while libertarian economists who do not share the criteria of the former Macrista minister slammed the door on the Executive that is not yet in office.
Other appointments intended by Macri would not be closed yet, which would be a factor of tension between Milei and the former president, who gave key electoral support to the libertarian ahead of the second round with Massa.
Even without having defined his economic team, Milei has already taken on the task of starting talks with the International Monetary Fund, to which Argentina owes about US$46 billion.
On Friday, the president-elect held a conversation with Kristalina Georgieva, managing director of the Fund, an organization that committed to “support efforts” to resolve Argentina’s severe macroeconomic imbalances.
IN SHORT
Central bank. The Argentine physicist, mathematician and economist Demian Reidel confirmed that he will not be president of the Central Bank of Argentina, a position that the country’s elected president, Javier Milei, had offered him.
“To avoid speculation, I want to confirm that at this moment I will not be president of the Central Bank,” advertisement.
With information from EFE.
Source: Gestion
Ricardo is a renowned author and journalist, known for his exceptional writing on top-news stories. He currently works as a writer at the 247 News Agency, where he is known for his ability to deliver breaking news and insightful analysis on the most pressing issues of the day.
