Silvina Batakis is the new Minister of Economy of Argentina, after the resignation of Martín Guzmán. | Photo: Twitter @LaRazon_Bolivia

Buenos Aires, July 4 (RHC)-- Argentinean government spokeswoman Gabriela Cerruti has announced that Silvina Batakis will be the new Minister of Economy replacing Martin Guzman, who resigned from the post over the weekend.

"President Alberto Fernández appointed Silvina Batakis as head of the Ministry of Economy," spokeswoman Cerruti informed.   According to Cerruti, Batakis is known for her academic work and as an official she served as minister in the province of Buenos Aires between 2011 and 2015.

Batakis' appointment came after several hours of meeting at the Presidential residence between the head of state and his vice-president, Cristina Fernández de Kirchner. 

On Saturday, Martín Guzmán published a letter in which he resigns from the position and urges the Government to work for a coalition, "with the centralized management of the macroeconomic policy instruments needed to consolidate the described advances and face the challenges ahead", he added.