Argentina's economy minister dismisses opposition's 2027 chances, touts dollar inflows

MercoPress. South Atlantic News Agency

Tuesday, June 2nd 2026 - 21:44 UTC

“There can be an external shock, oil can go to 400 dollars, there can be a world war or an alien invasion, but Kicillof will never be president in his life in Argentina,” Caputo told an audience

Argentina's economy minister, Luis Caputo, ruled out on Tuesday that Kirchnerism could win the 2027 presidential election and, in particular, that the governor of Buenos Aires province, Axel Kicillof, could reach the presidency. Speaking before the Argentine-Brazilian Chamber of Commerce (CAMBRAS), the minister also projected that the Central Bank (BCRA) would overshoot the reserve-buying target agreed with the International Monetary Fund (IMF).

“There can be an external shock, oil can go to 400 dollars, there can be a world war or an alien invasion, but Kicillof will never be president in his life in Argentina,” Caputo told an audience of Argentine and Brazilian businesspeople. Alluding to the series El Eternauta, he said “the old does not work,” and added that while another opposition alternative could “eventually” emerge, “it is certainly not Kirchnerism.”