News of economy minister

Argentina taps ex-central banker to craft response to crisis

22-08-2022 10:14 Sergio Massa taps Gabriel Rubinstein as secretary of economic planning. Veteran economic will help craft the policy response to currency slump and runaway inflation.

Argentine bond rebound stalls as new minister faces a mountain to climb

18-08-2022 16:53 Initial market confidence in Sergio Massa has faltered. New “super” minister must prove he can turn his promises to slow inflation into reality, as debt rebound decelerates.

Argentina is running out of cash to stave off devaluation

02-08-2022 18:10 Argentina teeters on the precipice of severe financial crisis. Peso devaluation looms, with potential for hyperinflation.

‘Super’ economy minister faces mounting crisis ahead

01-08-2022 14:10 Following days of uncertainty during the absence of then Economy Minister Silvina Batakis in Washington, the cabinet changes under study by President Alberto Fernández since midweek started falling into place soon after her return Thursday with Congress Speaker Sergio Massa the new “super-minister.”

From Gooseman to Batgirl?

09-07-2022 07:30 Recommended to President Fernández as having “the necessary dose of heterodoxy and the indispensable dose of orthodoxy,” Guzmán was eventually found wanting on both counts with the latter front more fatal.

by Michael Soltys

Resignation, transition, succession: Inside Guzmán's last days and Batakis' first

08-07-2022 09:48 The economy minister’s decision to step down, the reaction to it and how the government found a replacement – inside a momentous week in Argentina.

by Juan Luis González

Argentina's bonds, currency plunge on Batakis' first day in office

05-07-2022 17:04 Argentina’s global bonds fell the most since they were issued nearly two years ago as Silvina Batakis assumes office.

Batakis sends message to markets as she’s sworn-in as economy minister

04-07-2022 22:17 Argentina’s new economy minister Silvina Batakis says she believes in “fiscal balance” and says Argentina needs “more exports” and to “revalue our currency.” Vowing to talk to the IMF soon, she says that the government's segmentation plan to alter subsidies for public utilities will continue.

Argentina’s black market peso sinks on economy minister shake-up

04-07-2022 14:16 Argentina’s black market exchange rate tumbled on Monday after left-leaning economist Silvina Batakis was appointed as the new economy minister.

Fernández and CFK chose Silvina Batakis as Argentina's new economy minister

03-07-2022 22:55 After lengthy negotiations at the Olivos presidential residence, President Alberto Fernández appoints Silvina Batakis to replace Martín Guzmán, who resigned amid a crisis in the ruling Frente de Todos coalition.

Guzmán resigns as coalition divisions grow

02-07-2022 22:55 Shake-up raises doubts over whether Argentina can comply with a US$44-billion IMF programme, whose goals and objectives for the second half are seen by private economists view as too challenging to reach. 

Martín Guzmán: the debt negotiator who fell with Argentina's economy

02-07-2022 22:48 A leading disciple of Nobel Prize-winning economics laureate Joseph Stiglitz, 39-year-old Martín Guzmán lacked experience in government when he joined President Alberto Fernández's Cabinet in December 2019.

Argentina formalises debt repayment deferment with Paris Club

31-05-2022 13:07 President Alberto Fernández's government reaches a deal with the Paris Club to postpone payments on more than US$2 billion of debt for more than two years.

Argentina’s inflation surged to 20-year high in March

13-04-2022 21:07 Consumer prices in Argentina rose 6.7% in March, up 55.1% over past year; Rift between top two political leaders hampers inflation fight.

United States supports 'a vibrant Argentine economy,' Blinken tells Cafiero

18-01-2022 21:30 Foreign Minister Santiago Cafiero meets with US Secretary of State Antony Blinken in Washington for talks, with the latter describing Argentina as "a friend and partner" of the United States.

Guzmán: ‘IMF risks losing legitimacy if Argentina destabilises’

18-01-2022 14:14 Economy Minister Martín Guzmán discusses ongoing talks with the International Monetary Fund and warns the lender risks losing credibility if it "pushes" the country "into a destabilising situation."

Former vice-president Amado Boudou granted parole

23-07-2021 15:33 Argentina’s former vice-president, jailed for crimes related to the irregular acquisition of a major money-printing firm, granted parole after serving two-thirds of his 70-month prison sentence.

Guzmán discusses IMF debt With US Treasury Secretary Yellen during G20 meeting

10-07-2021 18:53 Economy Minister Martín Guzmán says he had a “valuable” discussion about IMF debt with US Treasury Secretary Janet Yellen.

Argentina plans partial payment to Paris Club, averting default

22-06-2021 16:26 Government will make a partial payment to Paris Club group of creditors to avert default.

Argentina to use Paris Club grace period to further debt talks

31-05-2021 11:04 Government to hold off on US$2.4-billion debt payment with Paris Club due Monday and will instead use a 60-day grace period to try to reach an agreement with the group and avert default.