Argentina announces new economy minister and creation of super ministry

The super ministry will be headed by Sergio Massa, current president of the Chamber of Deputies. He takes office at a time of economic and political crisis in the country. On July 14, Argentina recorded inflation of 64% in the cumulative 12 months to June and 5.3% this month.

Argentine President Alberto Fernández decided Thursday (28) to unite the ministries of Economy, Productive Development and Agriculture, Livestock and Fisheries. The super ministry" will be headed by Sergio Massa, current president of the Chamber of Deputies.

"President Alberto Fernández has decided to reorganize the economic sectors of his cabinet to ensure better functioning, coordination and management," reads a statement from the Argentine presidency.

Sergio Massa announced that current Argentine Economy Minister Silvina Batakis will remain in the government, but without saying in which post. She even offered her resignation to the Argentine president, but Fernández refused.

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