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Milei insists on closing Argentina’s Central Bank

Buenos Aires, Nov 25 (Prensa Latina) Argentine President-elect Javier Milei expressed his intentions to close the Central Bank, and asserted that the issue is not negotiable.

It was communicated in a document published in the profile of his office on the social network X.

The text specified that economist Osvaldo Giordano will be the head of the National Social Security Administration, and Engineer Horacio Marin will be at the head of Yacimientos Petroliferos Fiscales (YPF) as of December 10, when his presidential inauguration will take place.

Since 2015, Giordano has been the Minister of Finance in the Province of Córdoba, where he was previously Secretary of Social Welfare. He is one of the main allies of Governor and former presidential candidate Juan Schiaretti.

Meanwhile, Marin is the head of Exploration and Production of Tecpetrol and a man of confidence of the CEO of the Techint Group, Paolo Rocca, who supported Milei’s campaign.

In recent statements, the president-elect and leader of La Libertad Avanza (LLA) has repeated his plans to privatize YPF and local media to make a strong economic adjustment and paralyze public works.

He also informed former US President Donald Trump will soon visit this capital, and held talks with the US President Joe Biden; Ukrainian Head of State Vladimir Zelenski, Peruvian President Dina Boluarte, and British Foreign Minister David Cameron.