Mar 11 • 22:18 UTC 🇦🇷 Argentina La Nacion (ES)

Caputo said he was unaware of the repercussions among businessmen due to Milei's criticism of Rocca and Madanes

Economy Minister Luis Caputo expressed ignorance about the reactions among business leaders to President Milei's criticisms during his recent press comments.

In the midst of tensions between President Javier Milei and Argentina's business community, particularly regarding criticisms directed at influential businessmen Paolo Rocca and Javier Madanes, Economy Minister Luis Caputo commented on the situation during an event in New York for Argentina Week. He stated that he was completely unaware of the repercussions of Milei's remarks, implying a disconnect between the government’s communications and the business sector's reactions. The UIA, representing the country’s industrialists, has already voiced its deep concern over Milei's comments, highlighting a significant rift in relations.

Caputo questioned why there had been 'noise' regarding Milei’s statements, signifying possible ignorance or misunderstanding of the gravity of the situation. His comments suggest that he has been thoroughly occupied with official duties, possibly contributing to a lack of awareness regarding critical feedback from the business community. The mention of cultural battle was particularly notable, as it reflects an ongoing struggle between the current government and the established business elite, which could have lasting implications on economic policy and business relations in Argentina.

The rising tensions underscore the challenges facing Milei’s administration as it navigates the complexities of economic recovery and governance while dealing with a critical business sector. With the UIA openly expressing dissatisfaction, the government may need to address these criticisms directly to avoid further alienation from key economic players and to ensure cooperation necessary for effective governance and economic stability.

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