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


  • World
  • Wednesday, 29 Nov 2023

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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In World

Suspect at large in Brown University shooting that killed at least two, injured eight
Two US soldiers and an interpreter killed in suspected Islamic State attack in Syria
Engine failure forces United Airlines flight to return to DC-area airport
Interview: UCL president highlights China's progress in research and education
Young people in Portugal cut back on social media use
U.S. lifts sanctions on Belarusian potash: U.S. special envoy
Thousands march in Hungary in protest over child abuse scandal
US says Belarus agreed to stop balloon flyovers into Lithuania
Feature: Standing amid atrocities: John Rabe and his record of Nanjing Massacre
Bangladesh says peacekeepers killed, injured in Sudan UN base attack

Others Also Read