Alfonso Prat Gay
| Alfonso Prat-Gay | |
|---|---|
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|
| Minister of the Economy | |
|
In office 10 December 2015 – 2 January 2017 |
|
| President | Mauricio Macri |
| Preceded by | Axel Kicillof |
| Succeeded by |
Luis Caputo (Finance) Nicolás Dujovne (Treasury) |
| President of the Central Bank | |
|
In office 11 December 2002 – 24 September 2004 |
|
| Preceded by | Aldo Pignanelli |
| Succeeded by | Martín Redrado |
| Personal details | |
| Born |
24 November 1965 Buenos Aires, Argentina |
| Political party | Civic Coalition ARI |
| Other political affiliations |
Cambiemos (2015–present) |
| Alma mater |
Pontifical Catholic University of Argentina University of Pennsylvania |
| Signature |  |
Alfonso Prat-Gay (born November 24, 1965) is an Argentine economist and politician. Following the election of Mauricio Macri to the presidency on November 22, 2015, he became the Minister of the Economy of Argentina. He was also President of the Central Bank of Argentina from December 2002 to September 2004, and was elected Congressman for the Civic Coalition in the 2009 elections.
His work earned him Euromoney's Central Bank Governor of the Year award. A decade later, as Minister of the Economy of Mauricio Macri, he lifted 4-year-old government controls on the Argentine currency ("the clamp"), a mere 4 days after taking office. Prat-Gay is also a member of Washington D.C. based think tank, The Inter-American Dialogue.
In December 2002, Prat-Gay was named President of the Central Bank of Argentina, at only 37 years of age, and served until September 24, 2004. He won the 2004 Euromoney Central Bank Governor of the Year award for his work for having reduced the inflation from 40% to 5% while maintaining an economic growth of 8%. He completed his term and rejected President Néstor Kirchner's offer to renew his position for another six-year term, due to disagreements with the president on the independence of the Central Bank, anti-inflationary policies, and on negotiations on defaulted bonds.
He joined the Civic Coalition, led at the time by Elisa Carrió, and was named as Carrió's choice for Minister of the Economy had she won the 2007 presidential election.
Prat-Gay led the Civic Coalition's party list for the city of Buenos Aires in the 2009 congressional elections, and was handily elected. As a Congressman, he worked on projects such as increasing banking security, preventing money laundering and drug trafficking, and an extensive deregulation of the Argentine financial system. He was a main voice of the opposition in Congress on economic issues. He was named head of the Civic Coalition caucus in the Lower House following Elisa Carrió's poor showing in the 2011 presidential election.
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