Argentina: Kirchner revamps cabinet, nominates new Central Bank Governor

On 18 November, President Christina Kirchner announced an important cabinet overhaul immediately after returning to office following a six-week medical leave during which time she underwent surgery to remove a blood clot on her brain. Kirchner appointed Jorge Capitanich, former governor of the Chaco Province, as chief of her staff and chose Axel Kicillof, former deputy minister, as the new Minister of the Economy. In addition, Kirchner designated Juan Carlos Fabrega, former president of state-owned Banco de la Nacion Argentina, as new Governor of the Central Bank. The reshuffling of the cabinet follows Kirchner’s Front for Victory party’s (FPV) poor performance in the mid-term elections that were held on 27 October. While the FPV was able to maintain control of both houses of Congress, it fell short of the two-thirds congressional majority required to pass a constitutional reform that would allow Kirchner to run for a third term.

Read more about Argentinian Outlook.

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