The elected president Javier Milei wait to Luis “Toto” Caputo accepts as soon as possible his proposal to take charge of the Ministry of Economy, according to what those close to La Libertad Avanza say.
From the president-elect’s space it is pointed out that the future head of the Treasury Palace is someone who took him to Milei a solution to the LELIQ problem. The economist in question It’s Caputo and this is one of the reasons why Milei is insisting that he accept the leadership of the portfolio.
Caputo, former Minister of Finance and former president of the Central Bank of Mauricio Macri, is not a friend of public office, according to those close to him. However, the president-elect decided to add him to his collaborators because, according to what is said in the libertarian environment, he presented a solid scheme to solve the problem of the LELIQ, by obtaining external financing.
And times are urgent. It is considered that one of the first things that the next minister must do is travel to Washington as soon as possible to renegotiate with the International Monetary Fund. As background, when Macri won the elections in 2015, his collaborators contacted the IMF before taking office in a situation that, according to the former president, was much less serious than the current one.
Meanwhile, the name of Demián Reidel as possible owner of central bank. However, there are those who doubt this possibility since Reidel formed the team of Federico Sturzeneggeran economist who is not in tune with Caputo. In this regard, they remember the differences they had when they shared the Macrista administration.
The probable appointment of Caputo in Economics comments caused discomfort in Emilio Ocampothe economist who improved Milei’s dollarization proposal and who had been proposed by the president-elect, to lead the Central Bank, according to libertarian sources.
Now this designation is in doubt since Milei himself indicated that the leadership of the BCRA must be aligned with the Ministry of Economy and in the circle close to Caputo point out that it does not coincide with dollarization.
While Ocampo’s situation is in doubt, it is also said that Roque Fernández, Carlos Rodríguez and Darío Epstein who formed the “Economic Committee” that accompanied Milei at the beginning of the campaign, the president-elect has not consulted them for a long time.
Javier Milei’s new economic policy
In journalistic statements, Milei reiterated that, as expectedhe will be the one who defines the major economic guidelines. An interesting element in this sense is that the new president has decided limit the responsibilities of the Treasury Palace.
In effect, the Ministry of Infrastructure, in charge of Guillermo Ferrarowill have key areas for economic policy such as energy, communications, mining, public works and transportation under its orbit.
In this way, the possibility of an organization like the one that knew how to have Sunday Cavallowhen the Ministry of Economy had broad decision-making power.
Milei’s scheme, in a certain sense, resembles that implemented by Mauricio Macri. It should be noted that during his government, economic management was divided among different ones, giving rise to differences in key aspects such as tariff policy between the members of the cabinet.
Source: Ambito
