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The Independent UK

National

Daniel Politi

Argentina's president-elect announces his pick for economy minister

Javier Milei Luis Caputo Argentina central bank Economy the Economy Ministry Mauricio Macri

Copyright 2023 The Associated Press. All rights reserved

Argentina’s President-elect Javier Milei announced Wednesday he has chosen Luis Caputo, a former finance minister and Central Bank chief known as an expert in markets, to lead the Economy Ministry when the right-wing leader takes office on Dec. 10.

The pick confirms that Milei, a libertarian outsider, is building a more orthodox team to manage Argentina’s economy, which is suffering from red-hot inflation running at an annual rate of 143%.

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