Argentine Economy Minister Martin Guzman resigned Saturday, marking the biggest departure of President Alberto Fernandez’s government after infighting within the ruling coalition escalated.
Guzman announced his decision in a seven-page letter published on Twitter. No replacement was immediately announced.
The minister had come under pressure as Argentines battle heightened inflation of more than 60%. The shakeup also raises doubts over whether Argentina can comply with a $44 billion program with the International Monetary Fund, whose goals and objectives for the second half are seen by private economists view as too challenging to reach.