Ever since taking office, two of the most important officials in Macri’s so-called “economic Cabinet,” Finance Minister Alfonso Prat-Gay and Central Bank (BCRA) head Federico Sturzenegger, have clashed over the best way to steer the country’s economy, particularly how inflation should be tackled. Sturzenegger, for his part, says Macri’s economic cabinet isn’t doing enough to decrease the country’s fiscal deficit. The Criticism is sometimes about his policies, but sometimes are about the way he is. In what was a clear show of the existing tensions, the minister wasn’t included in the so-called timbreo carried out by the government on August 20. In addition La Política Online reported last week that Prat-Gay submitted his resignation, arguing “he wasn’t comfortable,” in his post.

Source: The Bubble August 31, 2016 18:11 UTC