Latam 8 December 20

Alberto Fernández assumed the presidency on December 10th with Cristina Fernández de Kirchner as his vice-president. The key positions at the Central Bank (Miguel Ángel Pesce), the Ministry of Foreign Affairs (Felipe Solá) and the Ministry of Economy (Martín Guzmán) carry Alberto’s seal rather than Cristina’s. The first package of economic measures from the new Administration was sent to the Congress this week. It includes a freeze in utilities rates, an increase in wealth and export taxes, a new 30% tax on dollar purchases and a freeze in the mobility pension's law, among other measures.