Luis Caputo sworn in as economy minister: What will be his first challenges in administration

Luis “Toto” Caputo He was sworn in as the Minister of Economy at Casa Rosada this Sunday afternoon and will start his duties as the head of the Treasury House tomorrow. It will chair the Economic Committee Santiago BoucilliDuring the Cambiemos government, as head of the Central Bank, one of his partners in the consulting firm and cabinet co-equipment.

With a constant urgency, they hover over us inflammationWeakness Reservations, exchange rate Y Lack of funds, Inside the pain Social indicators In a crisis situation, the new economic group will print a new direction with its first maneuvers led by the Treasury. In parallel, a very close Santiago BoucilliHe will head the central bank starting Monday, where he will tackle the issue of monetary policy and exchange rate rules.

Millay’s mandate to his economic committee was to end the central bank’s wage borrowing as quickly as possible, which libertarian economists identify as an obstacle to releasing the exchange rate without putting pressure on prices. They are in favorable terrain for high inflation. In parallel, Kabuto can search A tax fundMore or less quickly, it provides a cushion of foreign currency to work with that first wave of operations.

Caputo will be surrounded by economists close to his government team at the Economy Ministry. While some positions are yet to be defined, they will be part of the Treasury Palace Cabinet Joaquin Cotani, Federico Furias, Martin Vauthier, Carlos Kuberman (Treasury) and Bioeconomy (formerly known as Agriculture, Livestock and Fisheries, headed by Fernando Villella) or Industry and Trade (Paul Levine) will have a secretariat above those areas under command Juan Paso.

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