Fernandez defended his file over the past three years, pointing to challenges he confronted, such because the Covid-19 pandemic, the influence of the struggle in Ukraine and large public debt.
(Reuters)
Argentine President Alberto Fernandez has introduced that he is not going to stand for reelection in October’s vote — a shock transfer that deepened uncertainty within the crisis-wracked nation.
His centre-left Frente de Todos (Everyone’s Front) coalition has but to place ahead a candidate for August’s primaries, with Fernandez declaring within the video announcement on Friday that it must generate a brand new cycle of leaders.
“Next December 10, 2023, is the exact day on which we will mark 40 years of democracy. On this day I will hand over the presidential sash to whomever has been legitimately elected by popular vote at the polls,” Fernandez stated within the clip.
Vice President Cristina Kirchner, who was Argentina’s chief from 2007-15, stated on the finish of final 12 months that she wouldn’t stand within the primaries.
That announcement got here shortly after the 70-year-old was convicted of fraud and corruption throughout her presidency — though she has been spared jail by her parliamentary immunity.
Some press stories have portrayed Economy Minister Sergio Massa, 50, as a possible candidate.
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Among the opposition, former president Mauricio Macri (2015-19) has dominated himself out of the operating.
Buenos Aires Mayor Horacio Larreta, and Patricia Bullrich, Macri’s former safety minister, have each put themselves ahead for the Juntos por el Cambio (Together for Change) opposition coalition.
The news comes amid an financial disaster that has seen inflation soar to virtually 22 % within the final three months and greater than 100% over the past 12 months.
It additionally comes with the Argentine peso struggling fixed depreciation in opposition to the US greenback.
Last month, Fernandez passionately defended his file over the past three years, pointing to challenges he confronted such because the Covid-19 pandemic, the influence of the struggle in Ukraine, huge public debt and rampant inflation.
Also in March, he met with President Joe Biden on the White House, stressing his nation’s willingness to cooperate with the United States within the combat in opposition to local weather change, saying that Argentina was dealing with the worst drought in its historical past.
Argentines head to the polls on October 22, with a second-round runoff slated for November 19 if wanted.
Primaries for each the federal government camp and the opposition will happen on August 13.
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Source: AFP
Source: www.trtworld.com
