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ARGENTINA | 11-12-2019 13:48

Santiago Cafiero says government may declare state of emergency

New Cabinet chief describes Mauricio Macri's government as the "worst in the history of democracy" in Argentina.

Cabinet Chief Santiago Cafiero has predicted that Argentina's new leaders — President Alberto Fernández and Vice-President Cristina Fernández de Kirchner — will send proposals to Congress that would declare a state of economic and health emergency in Argentina, invoking special legislative sessions to debate the issue. 

During an interview with the Radio La Red radio station, Cafiero reiterated his view that former president Mauricio Macri's government was the "worst in the history of democracy" in Argentina, claiming it had "generated five million new poor people and set the productive activity of the country back 12 or 13 years." 

He also shared his view on the supposed conflict with the United States, after the country's representative pulled out of Tuesday's inauguration. According to various reports, Mauricio Claver-Carone, one of Donald Trump's advisors, flew to Buenos Aires but decided not to attend Alberto Fernández’s inauguration after learning that a minister from Venezuelan leader Nicolas Maduro would be attending the event.

"The authorities sent by the US [Secretary of Health Alex Azar and advisor Michael Kosak] will meet today with the President today," Cafiero said. 

The new Cabinet chief, a close ally of the new president, also said that the government would continue to announce "economic measures" as needed. 

"There won't be a major exchange rate unveiling, we are thinking about what to do with the super cepo [capital controls] that we've been left and how to recuperate our reserves," he said. "We are working to see how to coexist with the low level of reserves while wanting to incrementally raise them, a challenge we have to face with the president of the Central Bank." 

With regards to what would be discussed during the special legislative sessions, Cafiero said there will "be no pension reform." 


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