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Saturday, August, 6, 2022

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Argentina… Silvina Batakis appointed as Minister of Economy

The Secretary of Provinces of the Ministry of the Interior and former Minister of Economy of Buenos Aires, is the new head of the Palacio de Hacienda.


After several hours of feverish conversations in the Quinta de Olivos to resolve the urgency of the vacancy left by Martín Guzmán in the Ministry of Economy when he presented his untimely resignation, hours before the financial market opens a new day of activity, President Alberto Fernández delayed the definition of the replacement in the Palacio de Hacienda and other possible changes in the Cabinet, it was finally confirmed that Silvina Batakis will be the minister, and other changes in the Cabinet are not ruled out.

The Casa Rosada has not yet confirmed whether the new minister will be sworn in tomorrow or on Tuesday. It is expected that it will be defined in the next few hours since Argentina was more than 24 hours without a Minister of Economy. Finally, Fernández changed Guzmán, a minister from his circle, for a K official.

The differences between Alberto Fernández and Cristina Kirchner delayed the final decision and the official announcement, which ended up being made minutes before 10 pm, and after a long day of negotiations.

After 8:00 p.m., the version was spread that the president had finally agreed to speak with the vice president after they convinced him that the new Minister of Economy that he is going to appoint will inexorably need the political support of the main partner of the governing coalition. , Kirchnerism, so that Guzmán’s history does not repeat itself.

“The Ministry of Economy is born dead if it does not have the endorsement of Cristina Kirchner,” official sources told NA.

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Massa had been the first to arrive at the Olivos villa, before 11 in the morning, to talk alone with the head of state and evaluate the options to fill the vacancy left by Guzmán’s resignation.

There were almost three hours of talk, at a table that was later joined by Foreign Minister Santiago Cafiero, presidential spokesperson Gabriel Cerruti, the Secretary-General of the Presidency, Julio Vitobello, and the Secretary of Strategic Affairs of the Presidency of the Nation, Gustavo Belize.

Later, the Secretary for Legal and Technical Affairs, Vilma Ibarra, the Chief of Staff, Juan Manzur, the Deputy Chief of Advisors to the Presidency, Julián Leunda, arrived at the Quinta de Olivos; the Secretary of Communication and Press, Juan Ross, and his Undersecretary, Marcelo Martín.

“Albertism” in full in a conclave behind closed doors to define a decision that will mark the destiny of the Government in the year and a half of management that lies ahead, and that will have a direct impact on the behavior of the markets as of tomorrow.

Massa had spoken by telephone with Cristina Kirchner in the morning, and then he was present in Olivos to speak with the president, at first alone.

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The head of Deputies left the official residence after 2:30 p.m. and went to Tigre where he locked himself up for several hours with his closest circle of collaborators to comment on the progress of the talks with the head of state. In the afternoon, Massa returned to Olivos to resume negotiations.

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