Isaac Alfie has replaced Alejandro Atchugarry as Uruguay’s finance minister, despite a turnaround in the Uruguayan economy this year.
Mr Atchugarry stepped down on 19 August, citing personal reasons, but some commentators believe his departure is tied to ambitions to run for the presidency in elections next year. Mr Alfie had been the government’s director of macro-economic policy and is regarded as an orthodox neo-liberal.