Argentine economist leaves IDB to join Milei’s campaign

The Argentine representative at the IDB (Inter-American Development Bank), Guillermo Francos, announced that he will leave the institution to join the team of Liberdade Avança, Javier Milei’s coalition for the 2023 presidential elections in Argentina. country.

Francos is Executive Director for Argentina and Haiti at the IDB. In a letter released on Sunday (20.Aug.2023), he said he would leave office in the coming days to “not to affect any sensitivity at such a crucial moment”. The economist said he received a proposal from Milei to join his work team if the libertarian wins the race for Casa Rosada. The information is from Bloomberg.

“I am convinced to accept working in the team led by Javier Milei to build a liberal Argentina as Alberdi imagined it: modern, developed, more just and dignified”these.

Before joining the IDB in 2019, Franco was at the head of Wilobank, the digital bank founded by Eduardo Eurnekian. He also served on the board of Corporación América, the holding Eurnekian while Milei was Chief Economist.

Read Guillermo Franco’s full statement:

I agreed to join Milei’s team.

Bearing in mind Javier Milei’s offer to join his work team should he be elected President of the Nation, having decided to accept it and currently holding the position of Executive Director for Argentina and Haiti at the Inter-American Development Bank, at the same Dean of its Board of Directors, I have taken the decision to step down from that role in the coming days so as not to affect any sensitivity at such a crucial moment in our young democracy.

I am grateful for the opportunity given to me to defend the interests of our country and of Latin America and the Caribbean at the most important Development Institution in the region. I am convinced of having honored that trust, as I am also convinced of accepting to work in the team led by Javier Milei to build a liberal Argentina as Alberdi envisioned it: modern, developed, more just and dignified.

william francos

CEO

Inter-American Development Bank”

WHO IS MILEI

Javier Gerardo Milei is 52 years old, has a degree in economics and led with 30.4% of the votes in the primary election of August 13, 2023 in the race for the Presidency of Argentina. He is on the right on the ideological political spectrum, with liberal ideas on economics. He advocates closing the country’s central bank, ending the peso and using the US dollar as the local currency.

The candidate is running for the Casa Rosada by the coalition “Freedom Advances” (in Portuguese, Freedom Advances). Milei defines herself as “anarcho-capitalist” e “libertarian” – is against state interference in society and in favor of the free market system. Says your program will be a “chainsaw” to cut public spending. He claims that global warming is a lie, is in favor of selling organs and defends non-compulsory and private education.

Read more here about who are the presidential candidates in the October 22, 2023 election in Argentina.