Alberto Fernandez Took Office as President of Argentina: I will put Argentina Back on its Feet

The new President of the Argentine republic, Alberto Fernández, took office on Tuesday and presented the general lines of his government, ensuring that he will stand up again for his country and push it towards development with social justice.

In his speech, Fernández presented the critical panorama of the social emergency that the country is going through, after the mismanagement of his predecessor that deepened the social and economic crisis.

The new President launched a series of proposals to get the nation out of the debt in which it fell that only caused deep division among the Argentine people.

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In his work agenda, Fernández considered it a priority to boost the economy in crisis with programs that favor the development of industry, the growth of the medium and small businesses, but without leaving behind the less privileged sectors.

“I come to summon the unity of all of Argentina in pursuit of the construction of a new social contract,” said the new president of the nation, in his first speech in the office of the presidency.


“I summon the unity of all of Argentina and create a new social contract. I come to summon it to put Argentina on its feet, so that it begins to walk with social justice, a necessary condition to be able to move forward,” he said.

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“We have learned that the weaknesses and flaws of democracies are only resolved with more democracy,” he added. “I come to invite you to build that democratic society that we still owe ourselves,” he said.

Fernández assured that his government has the “will” to pay the “unsustainable” public debt left by the administration of his predecessor, Mauricio Macri, but said he “lacks the ability to do so.”


“There are no debt payments that can be sustained if the country does not grow. As simple as that. In order to pay, you have to grow first,” he said [speaking] before state authorities and foreign leaders who attended the ceremony of his inauguration in Congress, in Buenos Aires.

Fernández said he will seek a “constructive and cooperative relationship” with the International Monetary Fund (IMF), which in 2018 approved a loan of 56.3 billion dollars for Argentina, and the rest of creditors, and regretted that it receives a “fragile” and “terminal ill” country.

Source URL: Alba Ciudad

Translated by JRE/EF



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