Alberto Fernández | |
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President of Argentina | |
Assumed office 10 December 2019 | |
Vice President | Cristina Fernández de Kirchner |
Preceded by | Mauricio Macri |
Chief of the Cabinet of Ministers | |
In office 25 May 2003 – 23 July 2008 | |
President | Néstor Kirchner Cristina Fernández de Kirchner |
Preceded by | Alfredo Atanasof |
Succeeded by | Sergio Massa |
Legislator of the City of Buenos Aires | |
In office 7 August 2000 – 25 May 2003 | |
Superintendent of Insurance | |
In office 1 August 1989 – 8 December 1995 | |
President | Carlos Menem |
Preceded by | Diego Peluffo |
Succeeded by | Claudio Moroni |
Personal details | |
Born | Alberto Ángel Fernández 2 April 1959 Buenos Aires, Argentina |
Political party | UNIR Constitutional Nationalist Party (1982–1983) Justicialist Party (1983–present) |
Other political affiliations | Meeting for the City (1997–2000) Front for Victory (2003–2008) Renewal Front (2013–2015) Justicialist Front Comply (2017–2019) Frente de Todos (2019–present) |
Spouse(s) | Marcela Luchetti (m. 1993; div. 2005) |
Domestic partner | Fabiola Yáñez (2014–)[1] |
Children | Estanislao (b. 1994) |
Residence | Quinta presidencial de Olivos |
Alma mater | University of Buenos Aires |
Signature | ![]() |
Alberto Ángel Fernández (Spanish pronunciation: [alˈβeɾto ferˈnandes]; born 2 April 1959) is an Argentine lawyer, professor and politician, serving as President of Argentina since 2019.[2] A member of the Justicialist Party, he was Chief of the Cabinet of Ministers during the entirety of the presidency of Néstor Kirchner and the early months of the presidency of Cristina Fernández de Kirchner. He won the 2019 general election with 48% of the vote, defeating incumbent President Mauricio Macri.
Fernández was born in Buenos Aires, son of Celia Pérez and her first husband. Separated from the latter, Celia (sister of the personal photographer of Juan Domingo Perón) married Judge Carlos Pelagio Galíndez (son of a Senator of the Radical Civic Union).[3] Alberto Fernández, who barely knew his biological father, considers Pelagio to be his true father.[3][4]
Alberto Fernández attended Law School at the University of Buenos Aires. He graduated at the age of 24, and later became a professor of criminal law. He entered public service as an adviser to Deliberative Council of Buenos Aires and the Argentine Chamber of Deputies. He became Deputy Director of Legal Affairs of the Economy Ministry, and in this capacity served as chief Argentine negotiator at the GATT Uruguay Round. Nominated by newly elected President Carlos Menem to serve as National Superintendent for Insurance, served as President of the Latin American Insurance Managers' Association from 1989 to 1992, and co-founded the Insurance Managers International Association. He also served as adviser to Mercosur and ALADI on insurance law, and was involved in insurance and health services companies in the private sector. Fernández was named one of the Ten Outstanding Young People of Argentina in 1992, and was awarded the Millennium Award as one of the nation's Businessmen of the Century, among other recognitions.[5] During this time he became politically close to former Buenos Aires Province Governor Eduardo Duhalde.[6]
He was elected on 7 June 2000, to the Buenos Aires City Legislature on the conservative Action for the Republic ticket led by former Economy Minister Domingo Cavallo.
He gave up his seat when he was appointed Chief of the Cabinet of Ministers by President Néstor Kirchner upon taking office on 25 May 2003, and retained the same post under Kirchner's wife and successor, President Cristina Fernández de Kirchner, upon her election in 2007.[7][8]
A new system of variable taxes on agricultural exports led to the 2008 Argentine government conflict with the agricultural sector, during which Fernández acted as the government's chief negotiator. The negotiations failed, however, and following Vice President Julio Cobos' surprise, tie-breaking vote against the bill in the Senate, Fernández resigned on 23 July 2008.[9]
He was named head of the City of Buenos Aires chapter of the Justicialist Party, but minimized his involvement in Front for Victory campaigns for Congress in 2009.[10] Fernández actively considered seeking the Justicialist Party presidential nomination ahead of the 2011 general elections.[11] He ultimately endorsed President Cristina Kirchner for re-election, however.[12] He was campaign manager of the presidential candidacy of Sergio Massa in 2015.[13]
On May 18, 2019, Cristina Fernández de Kirchner announced that Fernández would be a candidate for president, and that she would run for vice president alongside him, hosting his first campaign rally with Santa Cruz Governor Alicia Kirchner, sister-in-law of the former Kirchner.[14][15]
About a month later, seeking to broaden his appeal to moderates, Fernández struck a deal with Sergio Massa to form an alliance called Frente de Todos, wherein Massa would be offered a role within a potential Fernández administration, or be given a key role within the Chamber of Deputies in exchange for dropping out of the presidential race and offering his support.[16] Fernández also earned the endorsement of the General Confederation of Labor, receiving their support in exchange for promising that he will boost the economy, and that there will be no labor reform.[17]
On August 11, 2019, Fernández won first place in the 2019 primary elections, earning 47.7% of the vote, compared to incumbent President Mauricio Macri's 31.8%.[18] Fernández thereafter held a press conference where he said he called Macri to say that he would help Macri complete his term and "bring calm to society and markets," and that his economic proposals do not run the risk of defaulting on the national debt.[19]
In the October 27th general election, Fernández won the presidency by attaining 48.1% of the vote to Macri's 40.4%, exceeding the threshold required to win without the need for a ballotage.[20]
Fernández was sworn in on December 10, 2019.
His first legislative initiative, the Social Solidarity and Productive Recovery Bill, was passed by Congress on December 23.[21]
The bill includes tax hikes on foreign currency purchases, agricultural exports, wealth, and car sales - as well as tax incentives for production. Amid the worst recession in two decades, it provides a 180-day freeze on utility rates, bonuses for the nation's retirees and Universal Allocation per Child beneficiaries, and food cards to two million of Argentina’s poorest families. It also gave the president additional powers to renegotiate debt terms – with Argentina seeking to restructure its US$100 billion debt with private bondholders and US$45 billion borrowed by Macri from the IMF.[21]
He also announced a restructuring of the Federal Intelligence Agency (AFI), including the publications of its accounts - which had been made secret by Macri in a 2016 decree.[22][23] The AFI had been criticized for targeting public figures for political purposes.[22]
During the 2020 coronavirus pandemic, Fernandez's government announced a country-wide lockdown, in effect from March 20 until March 31, later extended until April 12.[24][25]
The announcement of the lockdown was generally well received, although there were concerns with its economic impact in the already delicate state of Argentina's economy, with analysts predicting at least 3% GDP decrease in 2020.[26][27] Fernandez later announced a 700 billion pesos (US$11.1 billion) stimulus package, worth 2% of the country's GDP.[28][29][26]
Included in the package was the announcement of a one-time emergency payment of 10,000 pesos (US$154) to lower-income individuals whose income was affected by the lockdown, including retirees.[30] Because banks were excluded in the list of businesses that were considered essential in Fernandez's lockdown decree, they remained closed until the Central Bank announced banks would open during a weekend starting on April 3.[31]
Due to Argentina's notoriously low level of banking penetration, many Argentines, particularly retirees, do not possess bank accounts and are used to withdraw funds and pensions in cash.[32] The decision to open banks for only three days on a reduced-hours basis sparked widespread outrage as hundreds of thousands of retirees (coronavirus' highest risk group) flocked to bank branches in order to withdraw their monthly pension and emergency payment.[33][34][35][36]
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Political offices | ||
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Preceded by Alfredo Atanasof |
Chief of the Cabinet of Ministers of Argentina 2003–2008 |
Succeeded by Sergio Massa |
Preceded by Mauricio Macri |
President of Argentina 2019–present |
Incumbent |