RIO DE JANEIRO, BRAZIL – Amid Argentina’s economic crisis, the country’s Economy Minister, Martín Guzmán, resigned from his post on Saturday (2). The announcement was made through a letter published on his Twitter account.
The text is addressed to Argentine President Alberto Fernandéz. “With deep conviction and confidence in my vision of the path Argentina must take, I will continue to work and act for a more just, free, and sovereign homeland,” Guzmán says in the release in Spanish.
In the 7-page letter, Guzmán explains that one path to a “tranquil economy” is to “solve the problem of the unsustainable foreign debt that burdens both the state and Argentina as a whole,” he says.
“This is a necessary but not sufficient condition to get the country out of recession and the destruction of jobs and businesses and back on the path of economic and social progress,” he adds.
He also points to the problems associated with the outbreak of the pandemic. “There are always dilemmas in business. This dilemma is exacerbated when the available tools are of inferior quality. In this Argentina without credit, poor in instruments, an unprecedented series of measures were taken to protect economic and social capacity,” he said.
The release came as Vice President Cristina Kirchner gave a public speech criticizing the country’s economic development. Kirchner questioned the policies of then-Minister Guzmán.