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UPDATE 1-Argentina's president sacks economy chief after less than a month - newspaper

UPDATE 1-Argentina's president sacks economy chief after less than a month - newspaper

Reuters · 07/27/2022 20:16
UPDATE 1-Argentina's president sacks economy chief after less than a month -

Adds details, Massa comment, requests for comment

- Argentina's president will fire Economy Minister Silvina Batakis after just a few weeks on the job, Clarin reported on Wednesday citing official sources, as the country struggles with a growing economic crisis.

The said the head of the lower house of Congress, Sergio Massa, would replace Batakis.

The economy ministry and the office of President Alberto Fernandez did immediately respond to requests for comment.

In a post on Twitter, Massa said he has been offered any post, pointing to "lots of rumors" but stopping short of saying he would be offered the job as minister.

"I haven't had any offers and I recently talked with the president," he wrote, that the conversation took place between Friday and Saturday.

He added that any announcement would come via official channels.

The Clarin report comes as Batakis returns to Buenos Aires from Washington after a series of high-level finance meetings with investors, lenders and U.S. officials. Her dismissal would mark yet another sudden shake up for a governing coalition already divided over how to address soaring inflation, massive debt and a falling peso currency.

Batakis took over from Martin Guzman, Fernandez's first pick as economy minister, who suddenly resigned at the start of this month, adding to doubts over the -term prospects of Latin America's third-biggest economy.


(Reporting by Carolina Pulice; Editing by David Alire Garcia)

((Carolina.Pulice@thomsonreuters.com;))