The president of Argentina, Alberto Fernández, decided to “reorganize the economic areas of his Cabinet for a better functioning”, indicates an official statement issued from the networks of the Casa Rosada, where it is reported that the new Minister of Economy will be the politician and lawyer Serge Massa.
The Government of Argentina announced this Thursday that the lawyer Serge Massa, one of the main political faces of the country, He will be the new economy minister.
This is the third in less than a month, and its portfolio will also include the areas of Productive Development and Agriculture, informed official sources.
And official announcement notes that the president Albert Fernandez, “he decided to reorganize the economic areas of his cabinet for better functioning, coordination and management.”
This is why “it will unify the ministries of Economy, Productive Development and Agriculture, Livestock and Fisheries, also including relations with international, bilateral and multilateral credit organizations”.
Massa will arrive in substitution of Silvina Batakis, who had assumed office on July 4 following the resignation of Martin Guzman in the midst of strong political tensions within the ruling party.
It was a headline change that triggered strong turbulence in the country’s stock and exchange markets.
Although so far this week there has been a certain calm in the different prices of the dollar, Batakis failed to stabilize the markets.
The replacement by Massa occurs with Batakis recently arrived from the United States, Where did you go to meet the managing director of the IMF? and investors and authorities of the North American country.
The career of the new Minister of Economy in Argentina
Massa, founder of Renovator Front, he is one of the leaders of the ruling Front of All, together with President Alberto Fernández and Vice President Cristina Fernández de Kirchner, which was mandatory between 2007 and 2015.
Candidate for president in 2015, in elections in which he came third, Massa was, among other positions, director of the social security agency between 2002 and 2007.
This, in addition to being head of the Cabinet of Ministers between 2008 and 2009, when Fernández de Kirchner governed, position that he left in the midst of differences with the then president.
In 2019, following smoothing things over with the widow of the former president Nestor Kirchner (2003-2007), Massa decided to add the Renovating Front to the alliance formed by Alberto and Cristina Fernández, and since December of that year he has been president of the Lower House.
