Economy Minister Massa Announces Plans to Continue in Role After Presidential Election Loss in Argentina

On Monday, Sergio Massa, the defeated candidate in the second round of the presidential elections in Argentina, announced that he would continue as Minister of Economy and form a transition team to support the current Peronist president, Alberto Fernández, in his contacts with the elected president, Javier Milei. Sources from the Ministry of Economy reported on a meeting that Massa had with his closest collaborators to create a work team to help the Peronist leader in the government transition with Milei, who will take office on 10 December.

After acknowledging defeat to Milei on Sunday, Massa said he was ending “a stage” of his “political life”. However, sources linked to the minister told EFE Agency that he was considering stepping down from the post, but that he would not make any decision until “Alberto and Milei met”. This decision by Massa to stay on as Minister of Economy is significant for the continuity and stability of Argentina’s economic policies during the transition period.

The formation of a transition team shows Massa’s readiness to work alongside Milei and demonstrates a spirit of cooperation for the benefit of Argentina. While it remains to be seen how this collaboration will play out, it is an important development in the aftermath of the presidential elections.