Argentine Economy Minister Martín Guzmán presented his resignation to President Alberto Fernandez on Saturday July 2. Main craftsman of the agreement with the International Monetary Fund (IMF) on the new financing of the Argentine debt, the 39-year-old man was regularly questioned by the left wing of the government coalition, which appears more divided than ever. after this surprise resignation.
With our correspondent in Buenos Aires, Theo Conscience
This is a surprise announcement, which risks further weakening the economic recovery in Argentina: after two and a half years at the head of the Ministry of the Economy, Martín Guzmán submitted his resignation on Saturday.
Right arm of center-left President Alberto Fernandez, this disciple of Nobel Prize in economics Joseph Stiglitz had led negotiations with the IMF on the refinancing of Argentina’s debt of 45 billion dollars.
L’agreement concluded last March with the financial institution had earned him criticism from the left wing of the government coalition, embodied by Vice-President Cristina Kirchner.
His resignation comes as the ruling coalition has been openly torn for several weeks over the response to be given to the deterioration of the social situation in Argentina. Because the country is marked by an inflation of 60% and a poverty rate of 37%.
In a long letter published on his Twitter account, Martín Guzmán defends his record at the head of the Ministry of Economy, and considers that it is ” paramount “that his replacement can” work within the framework of a political agreement within the governing coalition “.
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