Ministry of Economy (Argentina)

The Ministry of Economy (Spanish: Ministerio de Economía) of Argentina is the country's state treasury and a ministry of the national executive power that manages economic policy.

Ministry of Economy
Ministerio de Economía

Palacio de Hacienda, headquarters of the Ministry.
Ministry overview
Formed1854; 170 years ago (1854) (as the Ministry of the Treasury)
JurisdictionGovernment of Argentina
HeadquartersPalacio de Hacienda, Hipólito Yrigoyen 250, Buenos Aires
Employees4,000 (2009) [1]
Annual budget$ 616,641,458,521 (2021)[2]
Minister responsible
Websiteargentina.gob.ar/economia

The Ministry of Economy is one of the oldest ministries in the Argentine government, having existed continuously since the formation of the first Argentine executive in 1854, in the presidency of Justo José de Urquiza – albeit under the name of Ministry of the Treasury. The current minister responsible is Luis Caputo, who has served since 2023 in the cabinet of Javier Milei.

Headquarters

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The Economy Ministry in 1940

The Argentine Ministry of the Treasury has, since the building's 1939 inaugural, been based in a 14-story Rationalist office building designed by local architect Carlos Pibernat. The Economy Ministry building was built on a 0.57 ha (1.4 ac) Montserrat neighborhood lot facing the Casa Rosada presidential office building to the north, and the Defense Ministry (Libertador Building) to the east – a government building also designed by Pibernat.

The building's lobby was decorated with murals painted by the architect's brother, Antonio Pibernat, a post-impressionist painter influenced by the naturalist Barbizon School.[3]

The post has existed on a formal basis since the 1826 inaugural of Bernardino Rivadavia, who named lawmaker Salvador María del Carril as the nation's first official Ministro de Hacienda.[4] The office became among the most powerful in Argentine Government during the generation after 1880, when English Argentine investment, foreign trade, and immigration spurred development. Customs collections (source of over half of public revenues at the time) and the Central Bank were among the responsibilities placed under the Economy Ministry's aegis, and successive ministers' policies were often enacted through presidential decrees.[5]

Its influence grew further when it absorbed the cabinet post of Minister of Public Works in 1991, to help facilitate Economy Minister Domingo Cavallo's privatizations initiative, and, in turn, divested oversight over the nation's goods-producing sectors with the 2008 designation of the Production Ministry by President Cristina Kirchner, in a bid to improve strained relations with the country's agrarian sector following the 2008 Argentine government conflict with the agricultural sector over export tariffs.[6]

The Ministry of the Treasury was appropriated a US$1.7 billion operational budget in 2009, and employed over 4,000 staffers.[7]

List of ministers

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No.MinisterPartyTermPresident
Ministry of the Treasury (1854–1958)
1Mariano FragueiroUnitarian Party6 March 1854 – 10 October 1854Justo José de Urquiza
2Juan del CampilloIndependent10 October 1854 – 2 June 1856
3Agustín Justo de la VegaIndependent2 June 1856 – 16 April 1857
4Elías BedoyaIndependent18 April 1857 – 16 December 1859
5Pedro Lucas FunesIndependent16 December 1859 – 5 March 1860
6Tomás AriasIndependent14 March 1860 – 11 August 1860Santiago Derqui
7Norberto de la RiestraUnitarian Party11 August 1860 – 6 February 1861
8Vicente del CastilloIndependent6 February 1861 – 5 November 1861
9Dalmacio Vélez SarsfieldUnitarian Party12 October 1862 – 29 February 1864Bartolomé Mitre
10Lucas GonzálezIndependent29 February 1864 – 12 October 1868
11José Benjamín GorostiagaNationalist Party12 October 1868 – 13 October 1870Domingo Faustino Sarmiento
12Luis Lorenzo DomínguezIndependent13 October 1870 – 13 February 1874
13Santiago CortínezIndependent13 February 1870 – 12 October 1874
12 October 1874 – 2 August 1875Nicolás Avellaneda
14Lucas GonzálezIndependent2 August 1875 – 20 May 1876
15Norberto de la RiestraIndependent20 May 1876 – 26 August 1876
16Victorino de la PlazaIndependent31 August 1876 – 7 May 1880
17Santiago CortínezNational Autonomist Party7 May 1880 – 12 October 1880
18Juan José RomeroIndependent12 October 1880 – 12 October 1883Julio Argentino Roca
19Victorino de la PlazaNational Autonomist Party25 October 1883 – 9 March 1885
20Wenceslao PachecoNational Autonomist Party9 March 1885 – 12 October 1886
12 October 1886 – 28 February 1889Miguel Ángel Juárez
21Rufino VarelaNational Autonomist Party28 February 1889 – 24 August 1889
22Wenceslao PachecoNational Autonomist Party27 August 1889 – 14 April 1890
23Francisco UriburuNational Autonomist Party18 April 1890 – 7 June 1890
24Juan A. García SeoaneIndependent9 June 1890 – 6 August 1890
25Vicente Fidel LópezNational Autonomist Party7 August 1890 – 22 October 1891Carlos Pellegrini
26Emilio HansenIndependent22 October 1891 – 12 October 1892
27Juan José RomeroIndependent12 October 1892 – 7 June 1893Luis Sáenz Peña
28Marco Aurelio AvellanedaNational Autonomist Party7 June 1893 – 5 July 1893
29Mariano DemaríaIndependent5 July 1893 – 12 August 1893
30José A. TerryNational Autonomist Party12 August 1893 – 23 January 1895
31Juan José RomeroNational Autonomist Party23 January 1895 – 21 October 1897José Evaristo Uriburu
32Wenceslao EscalanteNational Autonomist Party21 October 1897 – 12 October 1898
33José María RosaNational Autonomist Party12 October 1898 – 2 May 1900Julio Argentino Roca
34Enrique BerducNational Autonomist Party2 May 1900 – 5 July 1901
35Marco Aurelio AvellanedaNational Autonomist Party11 July 1901 – 12 October 1904
36José A. TerryNational Autonomist Party12 October 1904 – 15 March 1906Manuel Quintana
37Norberto PiñeroIndependent15 March 1906 – 21 September 1906José Figueroa Alcorta
38Eleodoro LobosIndependent21 September 1906 – 20 September 1907
39Manuel María de IriondoRadical Civic Union20 September 1907 – 12 October 1910
40José María RosaNational Autonomist Party12 October 1910 – 5 August 1912Roque Sáenz Peña
41Enrique Simón PérezIndependent5 August 1912 – 28 March 1913
42Norberto PiñeroIndependent28 March 1913 – 16 July 1913
43Lorenzo AnadónIndependent21 July 1913 – 16 February 1914
44Enrique Carbó OrtizIndependent16 February 1914 – 9 August 1914
9 August 1914 – 16 August 1915Victorino de la Plaza
45Francisco J. OliverIndependent16 August 1915 – 12 October 1916
46Domingo SalaberryRadical Civic Union12 October 1916 – 12 October 1922Hipólito Yrigoyen
47Rafael Herrera VegasRadical Civic Union12 October 1922 – 8 October 1923Marcelo T. de Alvear
48Víctor M. MolinaRadical Civic Union9 October 1923 – 12 October 1928
49Enrique Pérez ColmanRadical Civic Union12 October 1928 – 6 September 1930Hipólito Yrigoyen
50Enrique Simón PérezIndependent6 September 1930 – 16 April 1931José Félix Uriburu
51Enrique UriburuIndependent17 April 1931 – 20 February 1932
52Alberto HueyoIndependent20 February 1932 – 20 August 1933Agustín Pedro Justo
53Federico PinedoPSI24 August 1933 – 30 December 1935
54Roberto M. OrtizRadical Civic Union30 December 1935 – 21 June 1937
55Carlos Alberto AcevedoNational Democratic Party21 June 1973 – 20 February 1938
56Pedro GroppoIndependent20 February 1938 – 2 September 1940Roberto M. Ortiz
57Federico PinedoPSI2 September 1940 – 13 March 1941
58Carlos Alberto AcevedoNational Democratic Party17 March 1941 – 27 June 1942
27 June 1942 – 4 June 1943Ramón Castillo
59Jorge A. SantamarinaIndependent4 June 1943 – 7 June 1943Arturo Rawson
7 June 1943 – 14 October 1943Pedro Pablo Ramírez
60César AmeghinoIndependent15 October 1943 – 11 March 1944
11 March 1944 – 7 May 1945Edelmiro Farrell
61Ceferino Alonso IrigoyenIndependent7 May 1945 – 23 August 1945
62Armando AntilleRadical Civic Union23 August 1945 – 20 October 1945
63Amaro ÁvalosIndependent20 October 1945 – 4 June 1946
64Ramón CereijoPeronist Party4 June 1946 – 4 June 1952Juan Perón
65Pedro BonanniPeronist Party4 June 1952 – 20 September 1955
66Eugenio FolciniIndependent20 September 1955 – 13 November 1955Eduardo Lonardi
67Eugenio BlancoRadical Civic Union14 November 1955 – 25 January 1957Pedro Aramburu
68Roberto VerrierIndependent26 January 1957 – 26 March 1957
69Adalberto Krieger VasenaIndependent26 March 1957 – 1 May 1958
Ministry of Economy (1958–1966)
70Emilio Donato del CarrilRadical Civic Union17 June 1958 – 24 June 1959Arturo Frondizi
71Álvaro AlsogarayIndependent Civic Party25 June 1959 – 26 April 1961
72Roberto AlemannIndependent26 April 1961 – 12 January 1962
73Carlos Coll BenegasIndependent15 January 1962 – 26 March 1962
74Jorge WehbeIndependent26 March 1962 – 29 March 1962
29 March 1962 – 6 April 1962José María Guido
75Federico PinedoIndependent6 April 1962 – 25 April 1962
76Álvaro AlsogarayIndependent Civic Party30 June 1962 – 10 December 1962
77Eustaquio Méndez DelfinoIndependent10 December 1962 – 13 May 1963
78José A. Martínez de HozIndependent21 May 1963 – 12 October 1963
79Eugenio BlancoRadical Civic Union12 October 1963 – 5 August 1964Arturo Illia
80Juan Carlos PuglieseRadical Civic Union19 August 1964 – 28 June 1966
Ministry of Economy and Labour (1966–1971)
81Jorge SalimeiChristian Democratic Party4 October 1966 – 3 January 1967Juan Carlos Onganía
82Adalbert Krieger VasenaIndependent3 January 1967 – 11 June 1969
83José Dagnino PastoreIndependent11 June 1969 – 17 June 1970
84Carlos Moyano LlerenaIndependent18 June 1970 – 15 October 1970Roberto M. Levingston
85Aldo FerrerRadical Civic Union26 October 1970 – 21 May 1971
Ministry of the Treasury and Finances (1966–1971)
86Juan A. QuiliciIndependent1 June 1971 – 11 October 1971Alejandro Lanusse
87Cayetano Antonio LicciardoIndependent11 October 1971 – 13 October 1972
88Jorge WehbeIndependent13 October 1972 – 25 May 1973
Ministry of Economy (1973–1991)
89José Ber GelbardCommunist Party25 May 1973 – 13 July 1973Héctor Cámpora
13 July 1973 – 12 October 1973Raúl Lastiri
12 October 1973 – 1 July 1974Juan Perón
1 July 1974 – 21 October 1974Isabel Perón
90Alfredo Gómez MoralesJusticialist Party21 October 1974 – 2 June 1975
91Celestino RodrigoJusticialist Party2 June 1975 – 17 July 1975
92Ernesto Corvalán NanclaresJusticialist Party17 July 1975 – 22 July 1975
93Pedro BonanniJusticialist Party22 July 1975 – 11 August 1975
94Ernesto Corvalán NanclaresJusticialist Party11 August 1975 – 14 August 1975
95Antonio CafieroJusticialist Party14 August 1975 – 3 February 1976
96Emilio MondelliJusticialist Party3 February 1976 – 24 March 1976
97José A. Martínez de HozIndependent29 March 1976 – 31 March 1981Jorge Rafael Videla
98Lorenzo SigautIndependent1 April 1981 – 20 December 1981Roberto Viola
99Roberto AlemannIndependent22 December 1981 – 30 June 1982Leopoldo Galtieri
100José Dagnino PastoreIndependent2 July 1982 – 24 August 1982Reynaldo Bignone
101Jorge WehbeIndependent25 August 1982 – 9 December 1983
102Bernardo GrinspunRadical Civic Union10 December 1983 – 18 February 1985Raúl Alfonsín
103Juan Vital SourrouilleIndependent18 February 1985 – 31 March 1989
104Juan Carlos PuglieseRadical Civic Union31 March 1989 – 14 May 1989
105Jesús RodríguezRadical Civic Union14 May 1989 – 8 July 1989
106Miguel Ángel RoigIndependent9 July 1989 – 14 July 1989Carlos Menem
107Néstor Mario RapanelliIndependent14 July 1989 – 18 December 1989
108Antonio Erman GonzálezJusticialist Party18 December 1989 – 4 February 1991
Ministry of Economy, Public Works and Services
109Domingo CavalloJusticialist Party1 March 1991 – 6 August 1996Carlos Menem
110Roque FernándezJusticialist Party6 August 1996 – 10 December 1999
Ministry of Economy (1999–2001)
111José Luis MachineaRadical Civic Union10 December 1999 – 2 March 2001Fernando de la Rúa
112Ricardo López MurphyRadical Civic Union5 March 2001 – 19 March 2001
113Domingo CavalloAction for the Republic20 March 2001 – 20 December 2001
Secretary of the Treasury, Public Finances and Income (2001–2002)
114Rodolfo FrigeriJusticialist Party23 December 2001 – 30 December 2001Adolfo Rodríguez Saá
Ministry of Economy (2002)
115Jorge Remes LenicovJusticialist Party3 January 2002 – 27 April 2002Eduardo Duhalde
Ministry of Economy and Production (2002–2008)
116Roberto LavagnaJusticialist Party27 April 2002 – 25 May 2003Eduardo Duhalde
25 May 2003 – 27 November 2005Néstor Kirchner
117Felisa MiceliIndependent28 November 2005 – 16 July 2007
118Miguel Gustavo PeiranoIndependent17 July 2007 – 10 December 2007
119Martín LousteauIndependent10 December 2007 – 24 April 2008Cristina Fernández de Kirchner
Ministry of Economy and Public Finances (2002–2008)
120Carlos Rafael FernándezJusticialist Party25 April 2008 – 7 July 2009Cristina Fernández de Kirchner
121Amado BoudouIndependent7 July 2009 – 10 December 2011
122Hernán LorenzinoIndependent10 December 2011 – 20 November 2013
123Axel KicillofIndependent20 November 2013 – 9 December 2015
Ministry of the Treasury and Public Finances (2015–2016)
124Alfonso Prat-GayCivic Coalition ARI10 December 2015 – 31 December 2016Mauricio Macri
Ministry of the Treasury (2016–2019)
125Nicolás DujovneRadical Civic Union1 January 2017 – 17 August 2019Mauricio Macri
126Hernán LacunzaRepublican Proposal17 August 2019 – 10 December 2019
Ministry of Economy (2019–Present)
127Martín GuzmánIndependent10 December 2019 – 2 July 2022Alberto Fernández
128Silvina BatakisJusticialist Party4 July 2022 – 3 August 2022[a]
129Sergio MassaRenewal Front3 August 2022[b] – 10 December 2023
130Luis CaputoRepublican Proposal10 December 2023 – PresentJavier Milei

Notes

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  1. ^ De facto until 28 July 2022
  2. ^ De facto since 28 July 2022

See also

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References

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  1. ^ Oficina Nacional de Presupuesto, Ministerio de Economía y Finanzas Públicas. June 6, 2009. (in Spanish)
  2. ^ "Presupuesto 2021". Ministerio de Economía (in Spanish). 2020. Retrieved 20 November 2020.
  3. ^ Ministry of Economy: Cultural patrimony Archived 2009-12-19 at the Wayback Machine
  4. ^ Levene, Ricardo.A History of Argentina. University of North Carolina Press, 1937.
  5. ^ Rock, David. Argentina: 1516–1982. University of California Press, 1987.
  6. ^ El Litoral: Ministerio de la Producción (in Spanish)
  7. ^ Oficina Nacional de Presupuesto, Ministerio de Economía y Finanzas Públicas. June 6, 2009. (in Spanish)
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34°36′34″S 58°22′13″W / 34.60944°S 58.37028°W / -34.60944; -58.37028