Milei postpones the Minister of Economy’s announcement and accuses Massa; Macri’s former BC is one of

The most anticipated choice of Javier Milei’s new government is the post of Minister of Economy. The person appointed will have the mission of trying to resolve the serious problems of the second largest economic power in South America. The president-elect planned to announce the chosen one this Monday (20), but changed his mind with the possibility of Sergio Massa. , current minister and defeated at the polls, asks to leave his functions.

Among the most cited as possible choices for Milei are several names that have already participated in previous governments, such as in the administrations of Maurício Macri and Carlos Menem.

Federico Sturzenegger is one of the most cited. He served as president of the Central Bank of Argentina between 2015 and 2018 under the Macri government. There is a lot of traffic in the financial market and this could open the door for the country to likely renegotiate its debt with the International Monetary Fund.

Earlier, in an interview with Rádio Continental, Milei said that Sturzenegger was “one of the most brilliant economists” in Argentina.

In this interview, he said that his intention was to announce the name of the new minister this Monday. But he decided to postpone his plan following rumors that Massa might resign as economy minister – he maintained his post even during the election campaign.

“I had planned to announce it today, but given the scoundrel of Minister Massa (possibility of leaving the ministry), they will torpedo the new Minister of the Economy before he even takes office. The scenario changed last night,” he said in the radio interview. “I cannot expose my minister to the quagmire generated by the irresponsibility of Minister Massa.”

Roque Fernández is another one mentioned. He was president of the BC between 1991 and 1996 then held the Ministry of the Economy between 1996 and 1999, under the Menem government.

Carlos Rodríguez is another name mentioned. He was Secretary of Economic Policy between 1997 and 1998 in the Menem government. He also worked at the IMF in Washington, USA.

The fourth name is that of Darío Epstein, president of the Argentine Securities Commission between 1992 and 1994.

central bank

The appointment to the Central Bank is considered “easier” by Milei’s entourage. Emílio Ocampo, an economist who advocates dollarization of Argentina’s economy to end inflation, is expected to be appointed to the position. He is considered one of the president-elect’s biggest recent influences on economic issues.

See also – Milei defends a smaller state and an ultraliberal economy