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Tierra del Fuego Shakes Up Economic Team as Cash Crunch Deepens and Caputo Rebukes Melella

A national decision on Tierra del Fuego’s emergency funding request remains pending.

Overview

  • Provincial finance minister Francisco Devita’s resignation, submitted on December 31, became public alongside departures of finance secretary Eduardo Almirón Denis and Hacienda director María de los Ángeles Vázquez.
  • The government announced Alejandro Barroso as Devita’s replacement to lead the province’s economy.
  • Officials asked industrial firms for an extraordinary tax prepayment of roughly 20,000 million pesos to cover the half-year bonus for about 16,000 public employees.
  • Devita confirmed the province requested a 15,000 million peso advance from the national government and said authorities are awaiting a response.
  • National Economy Minister Luis Caputo criticized Governor Gustavo Melella on X, intensifying tensions as factory closures and uncertainty over the industrial promotion regime weigh on provincial revenues.