President Javier Milei’s government said on Saturday that Infrastructure Minister Guillermo Ferraro will resign his post for “personal reasons,” a step that will lead to the portfolio’s closure.
News of the resignation broke the previous day, with local media reporting that Ferraro had been asked to resign amid speculation he leaked details of a meeting between Milei and provincial governors.
Ferraro is said to have been behind reports stating that Milei had threatened to withdraw all funding from the regions if the provincial leaders did not support his reform push.
"I'm going to leave them without a cent, I'm going to melt them all down," Milei is reported to have said, according to reports, which also hinted at severe disagreements between Ferraro and Cabinet Chief Nicolás Posse.
However, the Casa Rosada said in a statement that “personal reasons” were behind Ferraro’s exit. The official leaves after less than two months in office.
"In the coming days, Infrastructure Minister Guillermo Ferraro will tender his resignation for personal reasons," the president's office said in a statement posted on the X social network.
Milei’s refused to comment further on the reasons behind Ferraro’s departure.
The government did confirm reports that control of the Infrastructure Ministry and its various secretariats will now pass to Economy Minister Luis Caputo, who will fold it into his brief.
Caputo had confirmed that move in a press conference held Friday evening.
"Within this framework, the original plan to merge the Infrastructure area within the Economy Ministry will move forward. This measure will generate greater coherence in the national government's economic policy and will allow it to continue adapting the budget to the current context of crisis," read the government’s communiqué.
The move means that Milei’s government now has eight ministries, a large drop from the 18 portfolios established by his predecessor, former president Alberto Fernández.
– TIMES/AFP/PERFIL
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