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Ministry of Economy (Argentina)

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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
Ministry overview
Formed1854; 170 years ago (1854) (as the Ministry of the Treasury)
JurisdictionGovernment of Argentina
HeadquartersPalacio de Hacienda
Buenos Aires
Employees4,000 (2009) [1]
Annual budget$ 616,641,458,521 (2021)[2]
Minister responsible
Child agencies
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. Minister Party Term President
Ministry of the Treasury (1854–1958)
1 Mariano Fragueiro Unitarian Party 6 March 1854 – 10 October 1854 Justo José de Urquiza
2 Juan del Campillo Independent 10 October 1854 – 2 June 1856
3 Agustín Justo de la Vega Independent 2 June 1856 – 16 April 1857
4 Elías Bedoya Independent 18 April 1857 – 16 December 1859
5 Pedro Lucas Funes Independent 16 December 1859 – 5 March 1860
6 Tomás Arias Independent 14 March 1860 – 11 August 1860 Santiago Derqui
7 Norberto de la Riestra Unitarian Party 11 August 1860 – 6 February 1861
8 Vicente del Castillo Independent 6 February 1861 – 5 November 1861
9 Dalmacio Vélez Sarsfield Unitarian Party 12 October 1862 – 29 February 1864 Bartolomé Mitre
10 Lucas González Independent 29 February 1864 – 12 October 1868
11 José Benjamín Gorostiaga Nationalist Party 12 October 1868 – 13 October 1870 Domingo Faustino Sarmiento
12 Luis Lorenzo Domínguez Independent 13 October 1870 – 13 February 1874
13 Santiago Cortínez Independent 13 February 1870 – 12 October 1874
12 October 1874 – 2 August 1875 Nicolás Avellaneda
14 Lucas González Independent 2 August 1875 – 20 May 1876
15 Norberto de la Riestra Independent 20 May 1876 – 26 August 1876
16 Victorino de la Plaza Independent 31 August 1876 – 7 May 1880
17 Santiago Cortínez National Autonomist Party 7 May 1880 – 12 October 1880
18 Juan José Romero Independent 12 October 1880 – 12 October 1883 Julio Argentino Roca
19 Victorino de la Plaza National Autonomist Party 25 October 1883 – 9 March 1885
20 Wenceslao Pacheco National Autonomist Party 9 March 1885 – 12 October 1886
12 October 1886 – 28 February 1889 Miguel Ángel Juárez
21 Rufino Varela National Autonomist Party 28 February 1889 – 24 August 1889
22 Wenceslao Pacheco National Autonomist Party 27 August 1889 – 14 April 1890
23 Francisco Uriburu National Autonomist Party 18 April 1890 – 7 June 1890
24 Juan A. García Seoane Independent 9 June 1890 – 6 August 1890
25 Vicente Fidel López National Autonomist Party 7 August 1890 – 22 October 1891 Carlos Pellegrini
26 Emilio Hansen Independent 22 October 1891 – 12 October 1892
27 Juan José Romero Independent 12 October 1892 – 7 June 1893 Luis Sáenz Peña
28 Marco Aurelio Avellaneda National Autonomist Party 7 June 1893 – 5 July 1893
29 Mariano Demaría Independent 5 July 1893 – 12 August 1893
30 José A. Terry National Autonomist Party 12 August 1893 – 23 January 1895
31 Juan José Romero National Autonomist Party 23 January 1895 – 21 October 1897 José Evaristo Uriburu
32 Wenceslao Escalante National Autonomist Party 21 October 1897 – 12 October 1898
33 José María Rosa National Autonomist Party 12 October 1898 – 2 May 1900 Julio Argentino Roca
34 Enrique Berduc National Autonomist Party 2 May 1900 – 5 July 1901
35 Marco Aurelio Avellaneda National Autonomist Party 11 July 1901 – 12 October 1904
36 José A. Terry National Autonomist Party 12 October 1904 – 15 March 1906 Manuel Quintana
37 Norberto Piñero Independent 15 March 1906 – 21 September 1906 José Figueroa Alcorta
38 Eleodoro Lobos Independent 21 September 1906 – 20 September 1907
39 Manuel María de Iriondo Radical Civic Union 20 September 1907 – 12 October 1910
40 José María Rosa National Autonomist Party 12 October 1910 – 5 August 1912 Roque Sáenz Peña
41 Enrique Simón Pérez Independent 5 August 1912 – 28 March 1913
42 Norberto Piñero Independent 28 March 1913 – 16 July 1913
43 Lorenzo Anadón Independent 21 July 1913 – 16 February 1914
44 Enrique Carbó Ortiz Independent 16 February 1914 – 9 August 1914
9 August 1914 – 16 August 1915 Victorino de la Plaza
45 Francisco J. Oliver Independent 16 August 1915 – 12 October 1916
46 Domingo Salaberry Radical Civic Union 12 October 1916 – 12 October 1922 Hipólito Yrigoyen
47 Rafael Herrera Vegas Radical Civic Union 12 October 1922 – 8 October 1923 Marcelo T. de Alvear
48 Víctor M. Molina Radical Civic Union 9 October 1923 – 12 October 1928
49 Enrique Pérez Colman Radical Civic Union 12 October 1928 – 6 September 1930 Hipólito Yrigoyen
50 Enrique Simón Pérez Independent 6 September 1930 – 16 April 1931 José Félix Uriburu
51 Enrique Uriburu Independent 17 April 1931 – 20 February 1932
52 Alberto Hueyo Independent 20 February 1932 – 20 August 1933 Agustín Pedro Justo
53 Federico Pinedo PSI 24 August 1933 – 30 December 1935
54 Roberto M. Ortiz Radical Civic Union 30 December 1935 – 21 June 1937
55 Carlos Alberto Acevedo National Democratic Party 21 June 1973 – 20 February 1938
56 Pedro Groppo Independent 20 February 1938 – 2 September 1940 Roberto M. Ortiz
57 Federico Pinedo PSI 2 September 1940 – 13 March 1941
58 Carlos Alberto Acevedo National Democratic Party 17 March 1941 – 27 June 1942
27 June 1942 – 4 June 1943 Ramón Castillo
59 Jorge A. Santamarina Independent 4 June 1943 – 7 June 1943 Arturo Rawson
7 June 1943 – 14 October 1943 Pedro Pablo Ramírez
60 César Ameghino Independent 15 October 1943 – 11 March 1944
11 March 1944 – 7 May 1945 Edelmiro Farrell
61 Ceferino Alonso Irigoyen Independent 7 May 1945 – 23 August 1945
62 Armando Antille Radical Civic Union 23 August 1945 – 20 October 1945
63 Amaro Ávalos Independent 20 October 1945 – 4 June 1946
64 Ramón Cereijo Peronist Party 4 June 1946 – 4 June 1952 Juan Perón
65 Pedro Bonanni Peronist Party 4 June 1952 – 20 September 1955
66 Eugenio Folcini Independent 20 September 1955 – 13 November 1955 Eduardo Lonardi
67 Eugenio Blanco Radical Civic Union 14 November 1955 – 25 January 1957 Pedro Aramburu
68 Roberto Verrier Independent 26 January 1957 – 26 March 1957
69 Adalberto Krieger Vasena Independent 26 March 1957 – 1 May 1958
Ministry of Economy (1958–1966)
70 Emilio Donato del Carril Radical Civic Union 17 June 1958 – 24 June 1959 Arturo Frondizi
71 Álvaro Alsogaray Independent Civic Party 25 June 1959 – 26 April 1961
72 Roberto Alemann Independent 26 April 1961 – 12 January 1962
73 Carlos Coll Benegas Independent 15 January 1962 – 26 March 1962
74 Jorge Wehbe Independent 26 March 1962 – 29 March 1962
29 March 1962 – 6 April 1962 José María Guido
75 Federico Pinedo Independent 6 April 1962 – 25 April 1962
76 Álvaro Alsogaray Independent Civic Party 30 June 1962 – 10 December 1962
77 Eustaquio Méndez Delfino Independent 10 December 1962 – 13 May 1963
78 José A. Martínez de Hoz Independent 21 May 1963 – 12 October 1963
79 Eugenio Blanco Radical Civic Union 12 October 1963 – 5 August 1964 Arturo Illia
80 Juan Carlos Pugliese Radical Civic Union 19 August 1964 – 28 June 1966
Ministry of Economy and Labour (1966–1971)
81 Jorge Salimei Christian Democratic Party 4 October 1966 – 3 January 1967 Juan Carlos Onganía
82 Adalbert Krieger Vasena Independent 3 January 1967 – 11 June 1969
83 José Dagnino Pastore Independent 11 June 1969 – 17 June 1970
84 Carlos Moyano Llerena Independent 18 June 1970 – 15 October 1970 Roberto M. Levingston
85 Aldo Ferrer Radical Civic Union 26 October 1970 – 21 May 1971
Ministry of the Treasury and Finances (1966–1971)
86 Juan A. Quilici Independent 1 June 1971 – 11 October 1971 Alejandro Lanusse
87 Cayetano Antonio Licciardo Independent 11 October 1971 – 13 October 1972
88 Jorge Wehbe Independent 13 October 1972 – 25 May 1973
Ministry of Economy (1973–1991)
89 José Ber Gelbard Communist Party 25 May 1973 – 13 July 1973 Héctor Cámpora
13 July 1973 – 12 October 1973 Raúl Lastiri
12 October 1973 – 1 July 1974 Juan Perón
1 July 1974 – 21 October 1974 Isabel Perón
90 Alfredo Gómez Morales Justicialist Party 21 October 1974 – 2 June 1975
91 Celestino Rodrigo Justicialist Party 2 June 1975 – 17 July 1975
92 Ernesto Corvalán Nanclares Justicialist Party 17 July 1975 – 22 July 1975
93 Pedro Bonanni Justicialist Party 22 July 1975 – 11 August 1975
94 Ernesto Corvalán Nanclares Justicialist Party 11 August 1975 – 14 August 1975
95 Antonio Cafiero Justicialist Party 14 August 1975 – 3 February 1976
96 Emilio Mondelli Justicialist Party 3 February 1976 – 24 March 1976
97 José A. Martínez de Hoz Independent 29 March 1976 – 31 March 1981 Jorge Rafael Videla
98 Lorenzo Sigaut Independent 1 April 1981 – 20 December 1981 Roberto Viola
99 Roberto Alemann Independent 22 December 1981 – 30 June 1982 Leopoldo Galtieri
100 José Dagnino Pastore Independent 2 July 1982 – 24 August 1982 Reynaldo Bignone
101 Jorge Wehbe Independent 25 August 1982 – 9 December 1983
102 Bernardo Grinspun Radical Civic Union 10 December 1983 – 18 February 1985 Raúl Alfonsín
103 Juan Vital Sourrouille Independent 18 February 1985 – 31 March 1989
104 Juan Carlos Pugliese Radical Civic Union 31 March 1989 – 14 May 1989
105 Jesús Rodríguez Radical Civic Union 14 May 1989 – 8 July 1989
106 Miguel Ángel Roig Independent 9 July 1989 – 14 July 1989 Carlos Menem
107 Néstor Mario Rapanelli Independent 14 July 1989 – 18 December 1989
108 Antonio Erman González Justicialist Party 18 December 1989 – 4 February 1991
Ministry of Economy, Public Works and Services (1991-1999)
109 Domingo Cavallo Justicialist Party 1 March 1991 – 6 August 1996 Carlos Menem
110 Roque Fernández Justicialist Party 6 August 1996 – 10 December 1999
Ministry of Economy (1999–2001)
111 José Luis Machinea Radical Civic Union 10 December 1999 – 2 March 2001 Fernando de la Rúa
112 Ricardo López Murphy Radical Civic Union 5 March 2001 – 19 March 2001
113 Domingo Cavallo Action for the Republic 20 March 2001 – 20 December 2001
Secretary of the Treasury, Public Finances and Income (2001–2002)
114 Rodolfo Frigeri Justicialist Party 23 December 2001 – 30 December 2001 Adolfo Rodríguez Saá
Ministry of Economy (2002)
115 Jorge Remes Lenicov Justicialist Party 3 January 2002 – 27 April 2002 Eduardo Duhalde
Ministry of Economy and Production (2002–2008)
116 Roberto Lavagna Justicialist Party 27 April 2002 – 25 May 2003 Eduardo Duhalde
25 May 2003 – 27 November 2005 Néstor Kirchner
117 Felisa Miceli Independent 28 November 2005 – 16 July 2007
118 Miguel Gustavo Peirano Independent 17 July 2007 – 10 December 2007
119 Martín Lousteau Independent 10 December 2007 – 24 April 2008 Cristina Fernández de Kirchner
Ministry of Economy and Public Finances (2002–2008)
120 Carlos Rafael Fernández Justicialist Party 25 April 2008 – 7 July 2009 Cristina Fernández de Kirchner
121 Amado Boudou Independent 7 July 2009 – 10 December 2011
122 Hernán Lorenzino Independent 10 December 2011 – 20 November 2013
123 Axel Kicillof Independent 20 November 2013 – 9 December 2015
Ministry of the Treasury and Public Finances (2015–2016)
124 Alfonso Prat-Gay Civic Coalition ARI 10 December 2015 – 31 December 2016 Mauricio Macri
Ministry of the Treasury (2016–2019)
125 Nicolás Dujovne Radical Civic Union 1 January 2017 – 17 August 2019 Mauricio Macri
126 Hernán Lacunza Republican Proposal 17 August 2019 – 10 December 2019
Ministry of Economy (2019–Present)
127 Martín Guzmán Independent 10 December 2019 – 2 July 2022 Alberto Fernández
128 Silvina Batakis Justicialist Party 4 July 2022 – 3 August 2022[a]
129 Sergio Massa Renewal Front 3 August 2022[b] – 10 December 2023
130 Luis Caputo Republican Proposal/La Libertad Avanza[c] 10 December 2023 – Present Javier Milei

Notes

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  1. ^ De facto until 28 July 2022
  2. ^ De facto since 28 July 2022
  3. ^ Member of La Libertad Avanza since 2024

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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