Resigned as Minister of Infrastructure of Javier Milei’s government
Finally, the situation of the Minister of Infrastructure of Javier Milei’s government, President of Argentina, could be confirmed.
After two days of intense rumors, it was confirmed that the Minister of Infrastructure of Javier Milei’s government will not continue in office.
According to a statement released by the President’s Office, Guillermo Ferraro will resign from his position “for personal reasons.”
As usual, the resignation of the Minister of Infrastructure of Javier Milei’s government precedes the announcement that this ministry will come under the purview of the Ministry of Economy.
Something that, according to the text, was part of the “original plan.”
Thus, the ministries will decrease from 9 to 8.
“This measure will generate greater coherence in the national Government’s economic policy and will allow for the continued adjustment of the budget to the current crisis context,” explains the statement.
These are the first controversies for a Government that has been in office for only 48 days.
The resignation of the Minister of Infrastructure of Javier Milei’s government comes one day after the Minister of Economy, Luis Caputo, announced the exclusion of the fiscal chapter from the draft Law of Bases and Starting Points for the Freedom of Argentinians.
This law, known as the Omnibus Law, would favor its approval in Congress after several weeks of debate with deputies and governors.
–Who is Guillermo Ferraro, who resigned as Minister of Infrastructure of Javier Milei’s government—
Economist Guillermo Ferraro took over the Ministry of Infrastructure following Milei’s privatization line and his plan to significantly cut public spending.
Thus, Ferraro’s bet was to reduce the state’s participation in the country’s economy and give more room to the private sector.
He is 68 years old, and his academic background is extensive: he is a public accountant, graduated in Business Administration from the University of Buenos Aires, holds a doctorate in Economic Sciences, and has a postgraduate degree in Systems Engineering from the same university, according to Chequeado.
The former Minister of Infrastructure of Javier Milei’s government was part of the Libertad Avanza team that led Milei to win the presidency.
He has over 40 years of experience in the public and private sectors of Argentina. Between 2010 and April 2023, he was Director of Infrastructure and Government at the multinational KPMG Argentina, a consulting firm that provides audit, tax, and legal, fiscal, financial, and business advisory services in 156 countries.
He led the evaluation of projects such as the Aconcagua Railway Tunnel, the Chihuido Hydroelectric Plant, the Ushuaia freight port, and the Public-Private Partnership models for the road corridors, according to his LinkedIn profile.
He was a government official in the Ministry of Industry during the interim presidency of Eduardo Duhalde between 2002 and 2003.
He served as Director of the Banco de Entre Ríos between 2003 and 2005, and of Banco Bisel between 2003 and 2007.
Previously, between 1988 and 1991, he was Undersecretary of Information and Telecommunications of the province of Buenos Aires, according to information from the state agency Télam.
Ferraro also served as Chief of Staff in the Senate of the well-known Peronist leader Antonio Cafiero and participated as an advisor to the 1994 Constitutional Convention.
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