This was published in an article by the Reuters news agency, in which Stiglitz came out to defend Guzmán a day after his departure from the cabinet. “His deep principles made it impossible for him to continue in office without a government commitment to a united, integrated and coordinated approach to the enormous challenges facing the economy in the wake of the pandemic and the Russian invasion of Ukraine.“, he said in relation to the outgoing head of the Treasury Palace.
The article mentions “growing tensions” within the governing coalition over how to handle the crisis, exacerbated by a very high inflationin the midst of the Russian invasion of Ukraine.
Martín Guzmán, the minister who negotiated the debt and suffered criticism from Kirchnerism
The Minister of Economy, Martin Guzman, presented his resignation this Saturday with an extensive letter. The economist who was in office from the December 10, 2019 carried out the debt renegotiation with the IMF and received the harsh criticism of Kirchnerism.
It’s been a long time since there was speculation with a resignation or removal from office and it finally materialized this Saturday. During the last months, the Ministry of Economy struggles without good results with the rise in inflation and the dollar outflow.
The country experienced last week a sharp rise in the dollarthat the president, Alberto Fernandezrated as “market hit”. Meanwhile, the minister planned to travel this week to France to renegotiate the debt with the paris club.
Source: Ambito
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