Argentina’s Peronist Gamble Is About To Start, Watch Out IMF - News Summed Up

Argentina’s Peronist Gamble Is About To Start, Watch Out IMF


Alberto Fernández and Cristina Kirchner's gamble is about to begin. Joaquin TemesThe Alberto Fernández presidency is about to begin, with the president-elect having announced his cabinet. While the main issues are economic in nature, the political elements managed to conspire in a positive way for Fernández. Despite an impressive comeback by President Mauricio Macri, Alberto Fernández won the presidential elections in the first round vote, cementing the return of Peronists – and Cristina Fernández de Kirchner – to power. In particular, the acceleration of a haemorrhaging of foreign exchange reserves with which Central Bank Governor Guido Sandleris sought to maintain economic order until the election.


Source: Forbes December 07, 2019 10:30 UTC



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