Jorge Remes Lenicov

Jorge Remes Lenicov (born 1948) is an Argentine economist and politician who served as Minister of Economy and Production from January 3 till April 27, 2002.

Jorge Remes Lenicov
Minister of Economy of Argentina
In office
January 3, 2002[1]  April 27, 2002[1]
PresidentEduardo Duhalde
Preceded byRodolfo Frigeri
Succeeded byRoberto Lavagna
Personal details
Born1948
La Plata, Argentina
NationalityArgentina
Political partyJusticialist Party
Alma materNational University of La Plata

His short term was unpopular. President Eduardo Duhalde had inherited a bankrupt country. Remes Lenicov decided on an extreme freezing of the bank deposits, which was then coupled with the so-called pesificación ("peso-ification", a forced transformation of all dollar-denominated accounts into pesos at an arbitrary fixed exchange rate), and a regulated devaluation. The fixed exchange rate system was abandoned soon afterwards, which was followed by a large depreciation.[2]

Afterwards Remes Lenicov served as Argentine ambassador to the European Union till 2011.

References

  1. "Argentine Ministers". rulers.org.
  2. "Devaluation under Duhalde". EL PAIS. 3 January 2002.



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