Ministry of Economy (Argentina)

The Ministry of Economy (Spanish: Ministerio de Economía) of Argentina is the country's state treasury and a ministry of the national executive power that manages economic policy.

Ministry of Economy

Ministerio de Economía
Palacio de Hacienda, headquarters
Ministry overview
Formed	1854; 171 years ago (1854) (as the Ministry of the Treasury)
Jurisdiction	Government of Argentina
Headquarters	Palacio de Hacienda Buenos Aires
Employees	4,000 (2009)[1]
Annual budget	$ 616,641,458,521 (2021)[2]
Minister responsible	Luis Caputo
Child agencies	Secretariat of Public Works Secretary of Transport SSN YCRT
Website	argentina.gob.ar/economia

The Ministry of Economy is one of the oldest ministries in the Argentine government, having existed continuously since the formation of the first Argentine executive in 1854, in the presidency of Justo José de Urquiza – albeit under the name of Ministry of the Treasury. The current minister responsible is Luis Caputo, who has served since 2023 in the cabinet of Javier Milei.

Headquarters

The Economy Ministry in 1940

The Argentine Ministry of the Treasury has, since the building's 1939 inaugural, been based in a 14-story Rationalist office building designed by local architect Carlos Pibernat. The Economy Ministry building was built on a 0.57 ha (1.4 ac) Montserrat neighborhood lot facing the Casa Rosada presidential office building to the north, and the Defense Ministry (Libertador Building) to the east – a government building also designed by Pibernat.

The building's lobby was decorated with murals painted by the architect's brother, Antonio Pibernat, a Post-Impressionist painter influenced by the naturalist Barbizon School.^[3]

The post has existed on a formal basis since the 1826 inaugural of Bernardino Rivadavia, who named lawmaker Salvador María del Carril as the nation's first official Ministro de Hacienda.^[4] The office became among the most powerful in Argentine Government during the generation after 1880, when English Argentine investment, foreign trade, and immigration spurred development. Customs collections (source of over half of public revenues at the time) and the Central Bank were among the responsibilities placed under the Economy Ministry's aegis, and successive ministers' policies were often enacted through presidential decrees.^[5]

Its influence grew further when it absorbed the cabinet post of Minister of Public Works in 1991, to help facilitate Economy Minister Domingo Cavallo's privatizations initiative, and, in turn, divested oversight over the nation's goods-producing sectors with the 2008 designation of the Production Ministry by President Cristina Kirchner, in a bid to improve strained relations with the country's agrarian sector following the 2008 Argentine government conflict with the agricultural sector over export tariffs.^[6]

The Ministry of the Treasury was appropriated a US$1.7 billion operational budget in 2009, and employed over 4,000 staffers.^[7]

List of ministers

No.	Minister	Party		Term	President
Ministry of the Treasury (1854–1958)
1	Mariano Fragueiro		Unitarian Party	6 March 1854 – 10 October 1854		Justo José de Urquiza
2	Juan del Campillo		Independent	10 October 1854 – 2 June 1856
3	Agustín Justo de la Vega		Independent	2 June 1856 – 16 April 1857
4	Elías Bedoya		Independent	18 April 1857 – 16 December 1859
5	Pedro Lucas Funes		Independent	16 December 1859 – 5 March 1860
6	Tomás Arias		Independent	14 March 1860 – 11 August 1860		Santiago Derqui
7	Norberto de la Riestra		Unitarian Party	11 August 1860 – 6 February 1861
8	Vicente del Castillo		Independent	6 February 1861 – 5 November 1861
9	Dalmacio Vélez Sarsfield		Unitarian Party	12 October 1862 – 29 February 1864		Bartolomé Mitre
10	Lucas González		Independent	29 February 1864 – 12 October 1868
11	José Benjamín Gorostiaga		Nationalist Party	12 October 1868 – 13 October 1870		Domingo Faustino Sarmiento
12	Luis Lorenzo Domínguez		Independent	13 October 1870 – 13 February 1874
13	Santiago Cortínez		Independent	13 February 1870 – 12 October 1874
				12 October 1874 – 2 August 1875		Nicolás Avellaneda
14	Lucas González		Independent	2 August 1875 – 20 May 1876
15	Norberto de la Riestra		Independent	20 May 1876 – 26 August 1876
16	Victorino de la Plaza		Independent	31 August 1876 – 7 May 1880
17	Santiago Cortínez		National Autonomist Party	7 May 1880 – 12 October 1880
18	Juan José Romero		Independent	12 October 1880 – 12 October 1883		Julio Argentino Roca
19	Victorino de la Plaza		National Autonomist Party	25 October 1883 – 9 March 1885
20	Wenceslao Pacheco		National Autonomist Party	9 March 1885 – 12 October 1886
				12 October 1886 – 28 February 1889		Miguel Ángel Juárez
21	Rufino Varela		National Autonomist Party	28 February 1889 – 24 August 1889
22	Wenceslao Pacheco		National Autonomist Party	27 August 1889 – 14 April 1890
23	Francisco Uriburu		National Autonomist Party	18 April 1890 – 7 June 1890
24	Juan A. García Seoane		Independent	9 June 1890 – 6 August 1890
25	Vicente Fidel López		National Autonomist Party	7 August 1890 – 22 October 1891		Carlos Pellegrini
26	Emilio Hansen		Independent	22 October 1891 – 12 October 1892
27	Juan José Romero		Independent	12 October 1892 – 7 June 1893		Luis Sáenz Peña
28	Marco Aurelio Avellaneda		National Autonomist Party	7 June 1893 – 5 July 1893
29	Mariano Demaría		Independent	5 July 1893 – 12 August 1893
30	José A. Terry		National Autonomist Party	12 August 1893 – 23 January 1895
31	Juan José Romero		National Autonomist Party	23 January 1895 – 21 October 1897		José Evaristo Uriburu
32	Wenceslao Escalante		National Autonomist Party	21 October 1897 – 12 October 1898
33	José María Rosa		National Autonomist Party	12 October 1898 – 2 May 1900		Julio Argentino Roca
34	Enrique Berduc		National Autonomist Party	2 May 1900 – 5 July 1901
35	Marco Aurelio Avellaneda		National Autonomist Party	11 July 1901 – 12 October 1904
36	José A. Terry		National Autonomist Party	12 October 1904 – 15 March 1906		Manuel Quintana
37	Norberto Piñero		Independent	15 March 1906 – 21 September 1906		José Figueroa Alcorta
38	Eleodoro Lobos		Independent	21 September 1906 – 20 September 1907
39	Manuel María de Iriondo		Radical Civic Union	20 September 1907 – 12 October 1910
40	José María Rosa		National Autonomist Party	12 October 1910 – 5 August 1912		Roque Sáenz Peña
41	Enrique Simón Pérez		Independent	5 August 1912 – 28 March 1913
42	Norberto Piñero		Independent	28 March 1913 – 16 July 1913
43	Lorenzo Anadón		Independent	21 July 1913 – 16 February 1914
44	Enrique Carbó Ortiz		Independent	16 February 1914 – 9 August 1914
				9 August 1914 – 16 August 1915		Victorino de la Plaza
45	Francisco J. Oliver		Independent	16 August 1915 – 12 October 1916
46	Domingo Salaberry		Radical Civic Union	12 October 1916 – 12 October 1922		Hipólito Yrigoyen
47	Rafael Herrera Vegas		Radical Civic Union	12 October 1922 – 8 October 1923		Marcelo T. de Alvear
48	Víctor M. Molina		Radical Civic Union	9 October 1923 – 12 October 1928
49	Enrique Pérez Colman		Radical Civic Union	12 October 1928 – 6 September 1930		Hipólito Yrigoyen
50	Enrique Simón Pérez		Independent	6 September 1930 – 16 April 1931		José Félix Uriburu
51	Enrique Uriburu		Independent	17 April 1931 – 20 February 1932
52	Alberto Hueyo		Independent	20 February 1932 – 20 August 1933		Agustín Pedro Justo
53	Federico Pinedo		PSI	24 August 1933 – 30 December 1935
54	Roberto M. Ortiz		Radical Civic Union	30 December 1935 – 21 June 1937
55	Carlos Alberto Acevedo		National Democratic Party	21 June 1973 – 20 February 1938
56	Pedro Groppo		Independent	20 February 1938 – 2 September 1940		Roberto M. Ortiz
57	Federico Pinedo		PSI	2 September 1940 – 13 March 1941
58	Carlos Alberto Acevedo		National Democratic Party	17 March 1941 – 27 June 1942
				27 June 1942 – 4 June 1943		Ramón Castillo
59	Jorge A. Santamarina		Independent	4 June 1943 – 7 June 1943		Arturo Rawson
				7 June 1943 – 14 October 1943		Pedro Pablo Ramírez
60	César Ameghino		Independent	15 October 1943 – 11 March 1944
				11 March 1944 – 7 May 1945		Edelmiro Farrell
61	Ceferino Alonso Irigoyen		Independent	7 May 1945 – 23 August 1945
62	Armando Antille		Radical Civic Union	23 August 1945 – 20 October 1945
63	Amaro Ávalos		Independent	20 October 1945 – 4 June 1946
64	Ramón Cereijo		Peronist Party	4 June 1946 – 4 June 1952		Juan Perón
65	Pedro Bonanni		Peronist Party	4 June 1952 – 20 September 1955
66	Eugenio Folcini		Independent	20 September 1955 – 13 November 1955		Eduardo Lonardi
67	Eugenio Blanco		Radical Civic Union	14 November 1955 – 25 January 1957		Pedro Aramburu
68	Roberto Verrier		Independent	26 January 1957 – 26 March 1957
69	Adalberto Krieger Vasena		Independent	26 March 1957 – 1 May 1958
Ministry of Economy (1958–1966)
70	Emilio Donato del Carril		Radical Civic Union	17 June 1958 – 24 June 1959		Arturo Frondizi
71	Álvaro Alsogaray		Independent Civic Party	25 June 1959 – 26 April 1961
72	Roberto Alemann		Independent	26 April 1961 – 12 January 1962
73	Carlos Coll Benegas		Independent	15 January 1962 – 26 March 1962
74	Jorge Wehbe		Independent	26 March 1962 – 29 March 1962
				29 March 1962 – 6 April 1962		José María Guido
75	Federico Pinedo		Independent	6 April 1962 – 25 April 1962
76	Álvaro Alsogaray		Independent Civic Party	30 June 1962 – 10 December 1962
77	Eustaquio Méndez Delfino		Independent	10 December 1962 – 13 May 1963
78	José A. Martínez de Hoz		Independent	21 May 1963 – 12 October 1963
79	Eugenio Blanco		Radical Civic Union	12 October 1963 – 5 August 1964		Arturo Illia
80	Juan Carlos Pugliese		Radical Civic Union	19 August 1964 – 28 June 1966
Ministry of Economy and Labour (1966–1971)
81	Jorge Salimei		Christian Democratic Party	4 October 1966 – 3 January 1967		Juan Carlos Onganía
82	Adalbert Krieger Vasena		Independent	3 January 1967 – 11 June 1969
83	José Dagnino Pastore		Independent	11 June 1969 – 17 June 1970
84	Carlos Moyano Llerena		Independent	18 June 1970 – 15 October 1970		Roberto M. Levingston
85	Aldo Ferrer		Radical Civic Union	26 October 1970 – 21 May 1971
Ministry of the Treasury and Finances (1966–1971)
86	Juan A. Quilici		Independent	1 June 1971 – 11 October 1971		Alejandro Lanusse
87	Cayetano Antonio Licciardo		Independent	11 October 1971 – 13 October 1972
88	Jorge Wehbe		Independent	13 October 1972 – 25 May 1973
Ministry of Economy (1973–1991)
89	José Ber Gelbard		Communist Party	25 May 1973 – 13 July 1973		Héctor Cámpora
				13 July 1973 – 12 October 1973		Raúl Lastiri
				12 October 1973 – 1 July 1974		Juan Perón
				1 July 1974 – 21 October 1974		Isabel Perón
90	Alfredo Gómez Morales		Justicialist Party	21 October 1974 – 2 June 1975
91	Celestino Rodrigo		Justicialist Party	2 June 1975 – 17 July 1975
92	Ernesto Corvalán Nanclares		Justicialist Party	17 July 1975 – 22 July 1975
93	Pedro Bonanni		Justicialist Party	22 July 1975 – 11 August 1975
94	Ernesto Corvalán Nanclares		Justicialist Party	11 August 1975 – 14 August 1975
95	Antonio Cafiero		Justicialist Party	14 August 1975 – 3 February 1976
96	Emilio Mondelli		Justicialist Party	3 February 1976 – 24 March 1976
97	José A. Martínez de Hoz		Independent	29 March 1976 – 31 March 1981		Jorge Rafael Videla
98	Lorenzo Sigaut		Independent	1 April 1981 – 20 December 1981		Roberto Viola
99	Roberto Alemann		Independent	22 December 1981 – 30 June 1982		Leopoldo Galtieri
100	José Dagnino Pastore		Independent	2 July 1982 – 24 August 1982		Reynaldo Bignone
101	Jorge Wehbe		Independent	25 August 1982 – 9 December 1983
102	Bernardo Grinspun		Radical Civic Union	10 December 1983 – 18 February 1985		Raúl Alfonsín
103	Juan Vital Sourrouille		Independent	18 February 1985 – 31 March 1989
104	Juan Carlos Pugliese		Radical Civic Union	31 March 1989 – 14 May 1989
105	Jesús Rodríguez		Radical Civic Union	14 May 1989 – 8 July 1989
106	Miguel Ángel Roig		Independent	9 July 1989 – 14 July 1989		Carlos Menem
107	Néstor Mario Rapanelli		Independent	14 July 1989 – 18 December 1989
108	Antonio Erman González		Justicialist Party	18 December 1989 – 4 February 1991
Ministry of Economy, Public Works and Services (1991-1999)
109	Domingo Cavallo		Justicialist Party	1 March 1991 – 6 August 1996		Carlos Menem
110	Roque Fernández		Justicialist Party	6 August 1996 – 10 December 1999
Ministry of Economy (1999–2001)
111	José Luis Machinea		Radical Civic Union	10 December 1999 – 2 March 2001		Fernando de la Rúa
112	Ricardo López Murphy		Radical Civic Union	5 March 2001 – 19 March 2001
113	Domingo Cavallo		Action for the Republic	20 March 2001 – 20 December 2001
Secretary of the Treasury, Public Finances and Income (2001–2002)
114	Rodolfo Frigeri		Justicialist Party	23 December 2001 – 30 December 2001		Adolfo Rodríguez Saá
Ministry of Economy (2002)
115	Jorge Remes Lenicov		Justicialist Party	3 January 2002 – 27 April 2002		Eduardo Duhalde
Ministry of Economy and Production (2002–2008)
116	Roberto Lavagna		Justicialist Party	27 April 2002 – 25 May 2003		Eduardo Duhalde
				25 May 2003 – 27 November 2005		Néstor Kirchner
117	Felisa Miceli		Independent	28 November 2005 – 16 July 2007
118	Miguel Gustavo Peirano		Independent	17 July 2007 – 10 December 2007
119	Martín Lousteau		Independent	10 December 2007 – 24 April 2008		Cristina Fernández de Kirchner
Ministry of Economy and Public Finances (2002–2008)
120	Carlos Rafael Fernández		Justicialist Party	25 April 2008 – 7 July 2009		Cristina Fernández de Kirchner
121	Amado Boudou		Independent	7 July 2009 – 10 December 2011
122	Hernán Lorenzino		Independent	10 December 2011 – 20 November 2013
123	Axel Kicillof		Independent	20 November 2013 – 9 December 2015
Ministry of the Treasury and Public Finances (2015–2016)
124	Alfonso Prat-Gay		Civic Coalition ARI	10 December 2015 – 31 December 2016		Mauricio Macri
Ministry of the Treasury (2016–2019)
125	Nicolás Dujovne		Radical Civic Union	1 January 2017 – 17 August 2019		Mauricio Macri
126	Hernán Lacunza		Republican Proposal	17 August 2019 – 10 December 2019
Ministry of Economy (2019–Present)
127	Martín Guzmán		Independent	10 December 2019 – 2 July 2022		Alberto Fernández
128	Silvina Batakis		Justicialist Party	4 July 2022 – 3 August 2022[a]
129	Sergio Massa		Renewal Front	3 August 2022[b] – 10 December 2023
130	Luis Caputo		Republican Proposal/La Libertad Avanza[c]	10 December 2023 – Present		Javier Milei

Notes

1. De facto until 28 July 2022
2. De facto since 28 July 2022
3. Member of La Libertad Avanza since 2024

See also

• Argentina
• Economy of Argentina