Argentina's Milei taps ex-central banker Caputo to fix economy in crisis


FILE PHOTO: Former governor of Argentina's central bank, Luis Caputo, speaks alongside Economy Minister Nicolas Dujovne during a news conference in Buenos Aires, Argentina May 4, 2018. Picture taken May 4, 2018. REUTERS/Marcos Brindicci/File Photo

BUENOS AIRES (Reuters) -Argentina President-elect Javier Milei will appoint Luis Caputo as his economy minister, he said in a radio interview on Wednesday in Buenos Aires, after a two-day trip to the United States.

Caputo, seen as a market-friendly pick, was part of the entourage that traveled with the radical libertarian, whose plans to lead the country out of an economic crisis include dollarizing Argentina, erasing the fiscal deficit and closing the central bank.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

U.S. stocks close higher on tech gains despite Canadian retaliatory tariffs
Dolly Parton, queen of country music, dies at 80
U.S. stocks close higher
Risk of falling behind on AI most profound in developing economies: IMF chief
Crude futures settle lower
Syria's Kurdish-led SDF dissolves as part of integration with Damascus
U.S. dollar ticks down
At least 50 children killed in diphtheria outbreak in northwest Nigeria
Feature: Despite hardships, West Bank refugee camp children find hope with Chinese support
Unpaid work in Cabo Verde estimated at 9.6 pct of GDP

Others Also Read