Argentina's Fernandez Unveils New Cupboard, Taps Martin Guzman for Top Economic Job

BUENOS AIRES – Argentine President-elect Alberto Fernandez unveiled his cupboard on Friday night, laying out his core group days earlier than the center-left chief takes workplace dealing with a stalled financial system, rising debt fears and painful inflation.

Fernandez named Martin Guzman as financial system minister, who might want to assist steer debt restructuring negotiations with worldwide collectors and the Worldwide Financial Fund over round $100 billion in sovereign debt.

Guzman, a younger tutorial and protege of Nobel Prize-winning economist Joseph Stiglitz, is taken into account an skilled within the area of debt restructuring, although he has little hands-on expertise in coverage making.

Matias Kulfas, who beforehand held authorities and central financial institution positions, was named as manufacturing minister. Younger political scientist Santiago Cafiero, inheritor to a historic Peronist household, was named Cupboard chief, and former Buenos Aires Governor Felipe Sola was tapped as international minister.

Peronist Fernandez, who takes over from conservative chief Mauricio Macri, can be sworn into workplace on Dec. 10.

Vice President-elect Cristina Fernandez de Kirchner, a divisive former president, was not current on the occasion when Fernandez introduced his picks.



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