Gabriel Rubinstein appointed as Deputy Minister of Economy

Friday, August 05, 2022 | 3:03 p.m.

Rubinstein will occupy the role of deputy minister, reported sources from the Treasury Palace. //Photo: Télam.

Rubinstein will occupy the role of deputy minister, reported sources from the Treasury Palace. //Photo: Télam.

The Minister of Economy, Sergio Massa, appointed Gabriel Rubinstein at the head of the Secretariat of Economic Programming, which in fact will occupy the role of deputy minister, sources from the Treasury Palace reported.

Rubinstein is a longtime economist who currently served as CEO of GRA, an economics and finance consultancy.

In the public sector, he was a representative of the Central Bank of the Argentine Republic during the administration of Roberto Lavagna, between 2002 and 2005. In that period, he stood out for being part of the negotiating group of the agreements with the International Monetary Fund (IMF), and renegotiation of the Public Debt.

In the private sphere, he was executive director of DCR-Fitch Rating Agency, executive director of the Buenos Aires Stock Exchange and General Coordinator of Estudio Broda.

In one of his recent definitions through Twitter, he expressed that “what is urgent and important in Argentina is to end the fiscal imbalance, improve internal and external credibility (from the political point of view) to strengthen reserves and maintain responsible indebtedness.”

“Under these conditions, inflation could start to stabilize at reasonable levels. Otherwise, the hyperinflationary risk will keep knocking on the door, and getting stronger,” Rubinstein said.

Despite his good relationship with the head of the Central Bank, Miguel Pesce, sources consulted affirm that Rubinstein is usually the most critical economist in the Survey of Market Expectations (REM) carried out monthly by the monetary authority, among the 50 analysts who participate in the survey. sampling.

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