Argentina’s economy minister resigns

On Saturday, Argentine Economy Minister Martin Guzmán announced his resignation in a letter to President Alberto Fernandez after he had held the post since December 2019.

In his letter, the minister said, “I am writing to you to submit my resignation as economy minister,” without stating the reasons for his move, but informed sources indicated that he had “often clashed with the Al-Biruni Judicial Party.” .”

Guzman stressed that “it is necessary that those who replace him can work within the framework of a political agreement within the government coalition.”

He believed that “continued strengthening of the macroeconomic framework, including monetary, monetary and exchange rate policies, is essential for an economy that is suffering from inflation in excess of 60% for one year and depreciation of the peso.”

Source: AFP

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