New Milei Government: Rival Security Minister Bullrich and Uncertainty in the Economy

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As if it were a reflection of the rallies that elevated Javier Milei to the Argentine presidency. establishment of new government has become one real puzzle in the last hours: Some names appointed to a position were left out and others magically appeared in the new line-up of ministers. The leader of La Libertad Avanza had planned to go to the United States, but decided to suspend the visit due to uncertainty about the final results of his cabinet. There are still unknowns to be resolved, some of major importance, such as who will assume the position of Minister of Economy, but the remaining positions have been cleared.

One of the ministries that has remained unchanged since the first rumors was Patricia Bullrich. Former presidential candidate of Together for Change (JxC) Argentine Minister of SecurityIt was a position he already held between 2015 and 2019 under the administration of Mauricio Macri. His first experience as a minister came twenty years ago, between 1999 and 2001, when he headed the Ministry of Labor in the government of Fernando de la Rúa. Bullrich had announced the possibility of being offered this position to the national media days before, and the prediction eventually came true. During the election campaign, Bullrich and Milei harshly accused each other, but after the first round everything was forgotten and Milei took third place. Faced with this new position, the former candidate declared his support for the far-right party due to the “obligation not to be neutral” in the face of the return of Sergio Massa, the symbol of the continuity of Peronism.

Mystery surrounded the Ministry of EconomyMilei is spearheaded by the elimination of the Central Bank and moving towards dollarization of the economy, as well as the new president’s other proposals to end the 150% inflation currently plaguing the country. If expectations are met Position will go to Luis “Toto” CaputoMinister of Finance and head of the Central Bank during the presidency of Mauricio Macri. In principle and in the absence of official approval, the cabinet offered the position to the so-called “Messi of finance”. Milei assured him in a television interview broadcast Wednesday night that he was “without a doubt a person fit for duty.” Although there is no guarantee of success.

The selection of the future Minister of Economy became even more difficult when the name of Luis Caputo, who had been secretly designing the future administration with La Libertad Avanza for months, appeared on the podium. Meanwhile, Emilio OcampoThe instigator of the idea of ​​​​dollarizing the economy and liquidating the Central Bank openly cooperated with Milei during the election campaign. Milei proposed marriage to head the institution to turn it off eliminate inflationbut when he learned that Caputo could become Minister of Economy, he stepped aside because they could not agree on the way to act around the IOUs (Leliqs).

On the other hand, the president-elect’s office also confirmed this. Election of Horacio Marín as YPF president and CEO. Marín, who trained as a chemical engineer and has previously served as head of Exploration and Production at Tecpetrol, will be responsible for executing the privatization plan of the oil company, which is currently 51% controlled by the State.

New and old faces of managers

In addition to the post that Bullrich will have and in the absence of meeting with the new Minister of Economy, 6 more ministries will be occupied by new and old faces Those who have already gone through an Argentinian manager. Nicolás Posse will become chief of staff by Milei. He is a trusted man of libertarians, whom he has known since they both worked between 2009 and 2017 on the private initiative “Aconcagua Bio-ocean Corridor”, which aims to connect the Atlantic and Pacific oceans at the crossroads of Europe via a high-tech railway route. Andes Mountains. HE Ministry of Internal Affairs to be occupied by economist Guillermo FrancosFormer director general of the Inter-American Development Bank (IDB) Argentina for four years during the Government of Alberto Fernández.

Guillermo Ferraroon his own behalf, New Minister of Infrastructure. In addition to being president of Banco Bisel and director of Banco de Entre Ríos and Suquía, he was vice president of Nación Servicios during the presidency of Néstor Kirchner from 2005 to 2007 and was part of the staff of the Ministry of Industry. The government of Eduardo Duhalde between 2002 and 2003. Journalist, former vice president of Ucedé and former activist in Pro before joining La Libertad Avanza Sandra Pettovello to lead Human Capital’s ‘super ministry’It will cover the Education, Health, Labor and Social Development portfolios. On the instructions of the National Social Security Administration (ANSES), economist Osvaldo Giordano, not Carolina Píparo, who was the first person appointed to this position, will assume responsibility for the institution. By now he was a professor at the National University of Córdoba, Undersecretary of Employment when Domingo Cavallo was Minister of Economy from 1991 to 1996, and served as a consultant at the Inter-American Development Bank from 1992 to 2014.

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Foreign affairs will be managed by Diana MondinoFormer director of Corporate Affairs at CEMA University and professor of Finance with a master’s degree in business management and finance, he has held management positions in companies such as Pampa Energía, Banco Supervielle or Bodegas Bianchi. Mariano Cúneo will be responsible for the Libarona justice portfolio. He is known to have been the lawyer of Amira Yoma, sister-in-law of former Argentine President Carlos Menem, during the ‘Yomagate’ political scandal over an alleged cocaine drug trafficking operation.

HE National Scientific and Technical Research Council The board will be chaired by the institution’s principal investigator and a full member of the National Academy of Agriculture and Veterinary Medicine. Daniel Salamone. Finally, Leonardo Cifelli will be minister of culture. He is a producer of musical and theatrical performances and served as Chief of Staff of the Ministry of Culture of the City of Buenos Aires between 2016 and 2017.

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