Argentine president shakes up economic team


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

BUENOS AIRES, Argentina (AP) — Argentine President Mauricio Macri is shaking up his economic team a year into an administration that has struggled to spur growth and lower inflation.

Cabinet Chief Marco Pena says Finance Minister Alfonso Prat-Gay is being replaced by two new ministers: Nicolas Dujovne will oversee the Treasury while Luis Caputo will be finance minister.

Prat-Gay has been criticized for Argentina's slow growth under the business-friendly new government, and its inability to cut an inflation rate running at about 40 percent a year.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast