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Argentina’s Chief of Cabinet Francos Calls for Deep Self‑Critique After Buenos Aires Defeat

He said macroeconomic improvements have not reached households.

Overview

  • Speaking Monday in a Radio Mitre interview, Guillermo Francos acknowledged errors and said the administration must reassess its approach.
  • He reaffirmed fiscal balance as the foundation of economic policy but conceded the current order has yet to affect daily life.
  • Francos said the government’s rhetoric may have conveyed arrogance and he called for a correction in tone.
  • He described upcoming national elections as decisive to obtain the congressional numbers needed to advance labor and tax reforms.
  • He anticipated cabinet changes after December 10 as ministers such as Patricia Bullrich and Luis Petri enter Congress, noting final decisions rest with President Javier Milei.