The Chilean economist had already been working in the Ministry of Economy with Luis Caputo and is expected to be a key figure in the negotiations with the IMF.
Economist José Luis Daza began working in recent days in the Ministry of Economy, where he will be Luis Caputo’s deputy minister. Although the formal appointment would be made official this week, the Minister of Economy himself welcomed him through his official account on “X”.
“Welcome José Luis Daza! An excellent person and one of the best and most respected economists in Latin America. Known worldwide for his successful career in the private sector, for his enormous capacity, and for his proven experience in economic and financial matters. It is an honor to work together again as we did for so many years,” said Caputo.
Who is Jose Luis Daza?
José Luis Daza is an economist and was one of the founders of the investment fund QFR Capital Management together with Demián Reidel, the head of the president’s council of economic advisors. Javier Mileialready David Sekiguchi, Kristen Boyle and other investors.
Daza, 65, graduated from the University of Chile and as a doctor in Economics from the Georgetown University, in Washington. In the public sphere, he was the representative of the Central Bank of Chile in Asia, based in Tokyo. His name sounded like candidate for the position of Minister of Economy of Chile during the 2021 election campaign if the far-right candidate had won Jose Antonio Kast.
Screenshot 2024-08-27 090801.png
José Luis Daza’s definitions on Javier Milei’s management
Before this change in the Ministry of Economy was announced, Daza referred to the recent approval of the Ley Bases proposed by the government of Javier Milei, and the inflation of 4.2% in Argentina, the lowest value since January 2022, when it had been 3.9%.
Regarding the measures that Milei took to reduce the deficit, he said that “the cost was paid by the middle class.” “The poorest classes have seen a very significant increase in direct assistance expenses,” he explained.
“The sustainability of Argentina’s strategy has two components: achieving a lower inflation rate, which gives it political support, but it is not enough,” he said in a statement to the press.
“Before the election I thought it would be difficult for Milei to win, but what she has achieved is an incredible cultural phenomenon. What she achieved this week is very important,” he said.
Source: Ambito
