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About: Jorge Remes Lenicov     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : dbo:OfficeHolder, within Data Space : dbpedia.org associated with source document(s)

Type: Thingfoaf:Personpersondul:NaturalPersonEukaryotePersonHumanAnimalPoliticiananimaleukaryotespeciesschema:Personpoliticianoffice holder New Facet based on Instances of this Class

Jorge Remes Lenicov (born 1948) is an Argentine economist and politician who served as Minister of Economy and Production from January 3 till April 27, 2002. His short term was unpopular. President Eduardo Duhalde had inherited a bankrupt country. Remes Lenicov decided on an extreme freezing of the bank deposits, which was then coupled with the so-called pesificación ("peso-ification", a forced transformation of all dollar-denominated accounts into pesos at an arbitrary fixed exchange rate), and a regulated devaluation. The fixed exchange rate system was abandoned soon afterwards, which was followed by a large depreciation.