Sergio Massa, the Economy Minister of Argentina, has been pondering whether to request leave from office after his defeat in the second round of Sunday’s presidential election. However, he is waiting for a meeting between the current president, Alberto Fernández, and Javier Milei, the president-elect. According to official sources, this meeting will take place on Monday at the presidential residence in Olivos on the outskirts of Buenos Aires.
In contrast to Massa’s victory in the first round of elections with 49.73% of the votes against President Fernández’s 50.27%, Milei won the second round with 55.69% of the votes against government leader Sergio Massa’s 44.30%.
After accepting his defeat, Massa communicated with Milei to congratulate him and proposed mechanisms for linking and transitioning democratic change to ensure a smooth handover of power when Milei assumes office on December 10th. However, Milei criticized the Fernández government for leaving behind a destroyed economy that is heading towards hyperinflation and facing challenges in the exchange market, relative prices and debts.