Argentina, Economy Minister Resigns – Ultima Ora

(ANSA) – BUENOS AIRES, 02 JUL – Martin Guzmán, Argentina’s economy minister and the protagonist of the latest refinancing talks with the International Monetary Fund (IMF) for a $45 billion loan, has resigned.

Via Twitter, Guzmán argued: “With deep faith and confidence in my vision of the path Argentina should follow, I will continue to work and act for a more just, free and sovereign homeland.” News of Guzman’s resignation came out of the blue when Vice President Cristina Fernandez de Kirchner, head of the radical wing of Argentina’s center-left government, gave a public speech. Remarks by President Alberto Fernandez. In a long letter about his resignation from the post, the outgoing economy minister Guzmán recalled referring to the head of state, “From the day that Argentinians and Argentines understood that you could be the president of the nation, I wanted to become the economy minister of his government”. Guzmán, 39, and considered a favorite student of the 2001 American Nobel Prize in Economics, Joseph Stiglitz, took over as head of the economics department on 10 December 2019, more than 30 months in the post. At its beginning, he recalled in the letter, “we faced very specific challenges”, “Argentina was in a deep economic and social crisis and in foreign debt, to which was added the pandemic.” (handle).

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