Argentina’s Milei Swaps Cabinet Chief in Major Government Shakeup

Published on May 29, 2024

BUENOS AIRES—In the first cabinet shakeup of his five-month-old administration, Argentine President Javier Milei accepted the resignation of cabinet chief Nicolas Posse on Monday night amid strains over major economic reforms pitched by the government. Posse will be replaced by current Interior Minister Guillermo Francos, according to a government statement. The cabinet shuffle comes at an especially delicate moment for Mr. Milei, a right-wing libertarian economist, as his signature reform bill is facing fresh obstacles in Congress and a market rally for government bonds and the local currency appears to be stalling. The next government role for the outgoing cabinet chief will be announced in the coming days, the statement added....

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