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Argentina’s Milei appoints advisor Caputo as economy minister

Former Argentina Central Bank Governor Luis Caputo speaks alongside Economy Minister Nicolas Dujovne during a news conference in Buenos Aires, Argentina, May 4, 2018. Picture taken May 4, 2018. REUTERS/Marcos Brindicci/File Photo Acquire Rights

BUENOS AIRES, Nov 29 (Reuters) – Argentina’s President-elect Javier Milei will appoint Luis Caputo as his economy minister, he said in a radio interview on Wednesday in Buenos Aires after a two-day trip to the United States.

Caputo, seen as a pro-market choice, was among the entourage traveling with the radical libertarian, whose economic plans include dollarizing Argentina, eliminating the budget deficit and closing the central bank.

“The economy minister will be Luis Caputo,” Milei told Radio La Red, although his office has not yet officially confirmed the nomination.

Already considered a leading candidate to become Milei’s economic chief, Caputo met with local and international banking officials last week to pitch the president-elect’s proposed “shock therapy” for the struggling economy.

Reporting by Jorgelina do Rosario, editing by Adam Jourdan and Bernadette Baum

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