Argentina's president-elect announces his pick for economy minister
- Argentina's President-elect Javier Milei has chosen Luis Caputo, a former finance minister and Central Bank chief, to lead the Economy Ministry when he takes office on December 10.
- Caputo, known for his expertise in markets, will be part of Milei's more orthodox team to address the country's red-hot inflation rate of 143%.
- Milei wants to eliminate the Central Bank and believes Caputo can help solve the issue of short-term loans known as "Leliqs" and end control on the exchange rate.
49 Articles
49 Articles
Argentina Pres-Elect Meets With White House
Argentina President-elect Javier Milei traveled to Washington, D.C., to meet with White House officials on Tuesday for a discussion on economic improvements and the relationship between the two countries. Milei, who is set to take office on December 10, met with White House national security advisor Jake Sullivan, who filled in for President Joe Biden while he was in Atlanta attending the funeral of former first lady Rosalynn Carter. Milei’s off…
Argentina’s president-elect announces his pick for economy minister
BUENOS AIRES, Argentina (AP) — Argentina’s president-elect, Javier Milei, announced Wednesday he has chosen Luis Caputo, a former finance minister and Central Bank chief known as an expert in markets, to lead the Economy Ministry when the right-wing leader takes office on Dec. 10. The pick confirms that Milei, a libertarian outsider, is building a more orthodox team to manage Argentina’s economy, which is suffering from red-hot inflation running…
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