Silvina Batakis arrives at Argentina’s Ministry of Economy in full-blown crisis mode.
, with inflation above 60%, a high fiscal deficit, fears rising about debt defaults, and savers losing faith in the peso currency and anticipating a devaluation.
The finance and economics graduate is more aligned with the ruling Peronist coalition’s militant wing around powerful Vice President Cristina Fernandez de Kirchner, which had clashed openly with Guzman over his tighter fiscal policy., despite targets in a new $44-billion deal with the International Monetary Fund to bring down the fiscal deficit, increase reserves, and lower central bank financing.“There is no dignified poverty,” she wrote in a pinned post on her Twitter account.
Scioli said on Twitter that Batakis was “a person of great human quality and extensive professional training. A tireless worker with a great sense of responsibility and great experience.”
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