Argentina's Milei swaps cabinet chief in major government shakeup

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Argentina's Milei swaps cabinet chief in major government shakeup
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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.

The next government role for the outgoing cabinet chief will be announced in the coming days, the statement added. Posse was a key part of the team involved in debt talks with the International Monetary Fund , along with Economy Minister Luis Caputo. The economic reforms pushed by Milei include plans to privatize state companies, along with other austerity measures aimed at reversing a prolonged economic crisis marked by inflation running at close to 300%.It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home.

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