02/15/2021 10:12 PM
Clarín.com
Politics
Updated 02/15/2021 10:19 PM
"(Former President Carlos) Menem was an example of leadership committed to peace and progress.
Without a doubt, a true statesman
, unparalleled among the leaders of his time and among those who succeeded him in the Presidency of the Nation. He
honors his memory
and heartfelt condolences to his family. "
Domingo Felipe Cavallo dismissed on Twitter, with these 272 characters, Carlos Saúl Menem, who died on Sunday at the age of 90 and was buried this Monday
in the Islamic cemetery of San Justo.
The economist added in dialogue with Todo Noticias in the last hours: "I am very sorry for the death of who was a great leader for Argentina. He defined a course in matters of foreign policy and organization of the economy
that unfortunately were abandoned as of 2002
, but they are going to have to be retaken for progress. "
Cavallo was his 'star' Minister of Economy and reference of the convertibility plan, better known as the
"one to one"
,
an economic model that began in April 1991 (10,000 australes were the equivalent of a peso and a dollar) and ended up exploding in the air in the streets of
December 2001.
But that of Menem and Cavallo
was a stories of praise, confrontations and resignations.
In fact, during Menem's first term (1989-1994), Cavallo had first occupied, for two years, the Ministry of
Foreign Affairs, International Trade and Worship.
After the hyperinflation of the Raúl Alfonsín years, the Menem economy area was first headed by senior executives of the Bunge & Born group:
Miguel Roig
and then by
Néstor Rapanelli
.
Cavallo's turn came in March 1991 and he was the face of exchange rate stability
for five years, whose counterpoint was unemployment, mega-imports, privatizations and factory closures.
However, at 4:40 p.m. on July 26, 1996, the then Secretary of the Media, Raúl Delgado, reported that
Domingo Cavallo had resigned
.
Or rather, he
had been given up
.
Menem was an example of leadership committed to peace and progress.
Without a doubt, a true statesman, unparalleled among the leaders of his time and among those who succeeded him in the Presidency of the Nation.
Honor his memory and heartfelt condolences to his family.
- Domingo F. Cavallo (@domingocavallo) February 14, 2021
Confronted, Menem -who had been reelected in 1995- asked Cavallo to resign and appointed
Roque Fernández
to replace him
until then head of the Central Bank.
"I have nothing but words of gratitude for the former Minister of Economy Domingo Cavallo. An upright, honest, talented and capable man who knew how to conscientiously fulfill the
mission that I entrusted to him in due time
but there are stages that are fulfilled and Cavallo fulfilled his
" Carlos Menem used to say at that time.
It was
the end of the
Super Minister
of Economy in the Palacio de Hacienda.
Even in a context with record unemployment figures - the Tequila effect was vibrating on the economy at that time - it is said that the Riojan wanted to
put an end to Cavallo's own flight
.
"When I left in 1996, I was already dissatisfied because (Menem) was
not supporting me as I felt I should
, and some officials
had made me pursue the courts
to force me to
stop denouncing the mafias
and struggles with the corruption. I decided that it was better for me to leave the government, "said Cavallo for his part.
When he spoke of "mafias" it was not something minor.
With his denunciations, Cavallo pointed to the very entrails of Menem's power and gave it a name:
the dark and feared postal businessman Alfredo Yabrán
.
In 1997
Cavallo went to the legislative elections
with his own political party and
outside the Menemism
.
Action for the Republic,
Cavallo's party, came in third, touching 4%, in an election that the Alliance won and that would pave the way for the 1999 presidency of Fernando De la Rúa.
In fact, the economist was also a candidate for president in 1999, also for Action for the Republic, and in which he also obtained about 4%.
In 2001,
Cavallo would return to assume in Economy under the presidency of De la Rúa
and that was the prelude to the corralito.
but that's another story.
DS
Look also
What leaders, union members and businessmen sent wreaths to Carlos Menem's wake
After two decades, the courts did not determine whether Carlos Menem had illegally enriched himself
The AMIA statement after the death of Carlos Menem: "Grief is a sacred moment that must be approached with respect"
