Argentina’s president-elect announces choice for economy minister

Javier Milei recently held talks with the Biden administration in Washington (AP)

Argentina’s president-elect Javier Milei has announced Luis Caputo, a former finance minister and Central Bank chief known as an expert in markets, to lead the economy ministry when the right-wing leader takes office on December 10.

The choice confirms that Mr Milei, a libertarian outsider, is building a more orthodox team to manage Argentina’s economy, which is suffering from red-hot inflation running at an annual rate of 143%.