Sergio Massa took over as Economy Minister this Wednesday. After being sworn in before President Alberto Fernández, he will announce a package of economic measures that, in the short term, aim to strengthen the dollar box and mitigate the effects of inflation on income. The announcements will be in the microcinema of the Palacio de Hacienda.

Prior to the swearing-in of Sergio Massa, the President of the Nation, Alberto Fernández issued a brief speech in which he highlighted “the ability and courage” of the former mayor of Tigre, whom he has known “for many years.” “I’m sure he’s going to do very well,” the head of state confided.

In addition, the president concluded by thanking the officials who had to leave their positions: “My deepest gratitude to Silvina Batakis and Daniel Scioli, my dear friend forever. To Julián [Domínguez] too.” And he remarked that this is “a very unique time for humanity, with a pandemic that has hurt the whole world.”

Read more: Massa named his first officials: Who are they?

For the moment it is already confirmed that José Ignacio de Mendiguren will be in charge of the Production area, accompanied by a team made up of Gabriela Lizana, Priscila Makari, Carla Pitiot and Tomás Canosa. In addition, Juan José Bahillo will be the Secretary of Agriculture, Livestock and Fisheries, Matías Tombolini of Commerce and Daniel Marx will be part of the committee for the development of the capital market and monitoring of public debt.

The new minister plans to begin the presentation of the new package of economic measures at 7:30 p.m. in the Palacio de Hacienda.

Developing Note