Mauricio Macri (; born 8 February 1959) is an Argentine businessman and politician who served as
President of Argentina
The president of Argentina, officially known as the president of the Argentine Nation, is both head of state and head of government of Argentina. Under Constitution of Argentina, the national constitution, the president is also the Head of go ...
from 2015 to 2019. He has been the leader of the
Republican Proposal (PRO) party since its founding in 2005. He previously served as
Chief of Government of Buenos Aires from 2007 to 2015, and was a member of the
Chamber of Deputies
The chamber of deputies is the lower house in many bicameral legislatures and the sole house in some unicameral legislatures.
Description
Historically, French Chamber of Deputies was the lower house of the French Parliament during the Bourb ...
representing
Buenos Aires
Buenos Aires, controlled by the government of the Autonomous City of Buenos Aires, is the Capital city, capital and largest city of Argentina. It is located on the southwest of the Río de la Plata. Buenos Aires is classified as an Alpha− glob ...
from 2005 to 2007. Ideologically, he identifies himself as a
liberal conservative on the Argentine
centre-right
Centre-right politics is the set of right-wing politics, right-wing political ideologies that lean closer to the political centre. It is commonly associated with conservatism, Christian democracy, liberal conservatism, and conservative liberalis ...
.
Born in
Tandil
Tandil is the main city of the homonymous partido (department), located in Argentina, in the southeast of Buenos Aires Province, just north-northwest of Tandilia hills. The city was founded in 1823, and its name originates from the '' Piedra M ...
, Macri trained as a
civil engineer
A civil engineer is a person who practices civil engineering – the application of planning, designing, constructing, maintaining, and operating infrastructure while protecting the public and environmental health, as well as improving existing i ...
at the
Pontifical Catholic University of Argentina and attended
Columbia University
Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Churc ...
for business school. After embarking on a business career, he was kidnapped in 1991. The experience prompted him to enter politics, after being released by his captors. He served as president of football club
Boca Juniors
Club Atlético Boca Juniors () is an Argentine professional sports club based in La Boca, a neighbourhood of Buenos Aires. The club is best known for its men's professional Association football, football team which, since its promotion in 1913 ...
from 1994 to 2007, reestablishing its profitability which raised his public profile. In 2003 he launched the
Commitment for Change, eventually developing it into the modern PRO party. Following an unsuccessful bid for
Chief of Government of Buenos Aires in 2003, Macri was elected in
2007
2007 was designated as the International Heliophysical Year and the International Polar Year.
Events
January
* January 1
**Bulgaria and Romania 2007 enlargement of the European Union, join the European Union, while Slovenia joins the Eur ...
and won re-election in
2011
The year marked the start of a Arab Spring, series of protests and revolutions throughout the Arab world advocating for democracy, reform, and economic recovery, later leading to the depositions of world leaders in Tunisia, Egypt, and Yemen ...
. Four years later he was elected president of Argentina in the
2015 general election – the first presidential
runoff ballotage
The two-round system (TRS or 2RS), sometimes called ballotage, top-two runoff, or two-round plurality, is a single-winner electoral system which aims to elect a member who has support of the majority of voters. The two-round system involves one ...
in Argentine history.
The
presidency of Macri focused on reforming the
national economy and improving
diplomatic relations. He moved from a
fixed exchange-rate system to a
floating one, and removed
taxes on exports and reduced
subsidies on energy to reduce the
fiscal deficit
The government budget balance, also referred to as the general government balance, public budget balance, or public fiscal balance, is the difference between government revenues and spending. For a government that uses accrual accounting ( ...
. He aligned the country with
gradualist neoliberalism
Neoliberalism is a political and economic ideology that advocates for free-market capitalism, which became dominant in policy-making from the late 20th century onward. The term has multiple, competing definitions, and is most often used pe ...
and re-opened Argentina to international markets by lifting
currency controls (which he reinstated shortly before his term ended),
restructuring sovereign debt, and pressing
free-market solutions. Domestically, he pursued moderate
socially liberal policies, and liberalized the
energy sector.
Macri strongly opposed the government of
Nicolás Maduro in
Venezuela
Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many Federal Dependencies of Venezuela, islands and islets in the Caribbean Sea. It com ...
for
human rights abuses
Human rights are universally recognized moral principles or norms that establish standards of human behavior and are often protected by both national and international laws. These rights are considered inherent and inalienable, meaning t ...
and called for a restoration of
democracy
Democracy (from , ''dēmos'' 'people' and ''kratos'' 'rule') is a form of government in which political power is vested in the people or the population of a state. Under a minimalist definition of democracy, rulers are elected through competitiv ...
in the country. He recognized
Juan Guaidó, who was elected
President of Venezuela by the
National Assembly
In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together. In the English language it generally means "an assembly composed of the repr ...
during the
Venezuelan presidential crisis of 2019. Macri improved
the relations with the United States
and from
Mercosur
The Southern Common Market (commonly known by abbreviation ''Mercosur'' in Spanish and ''Mercosul'' in Portuguese) is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full me ...
achieved a
free trade agreement
A free trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating state (polity), states. There are two types of trade agreements: Bilateralism, bilateral and Multilateralism, m ...
with the
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...
and closer ties with the
Pacific Alliance. During the first week in office, Macri annulled the
Memorandum of understanding between Argentina and Iran, which would have established a joint investigation into the
1994 bombing with AMIA, a terrorist attack on a Jewish organization for which Argentina blamed
Hezbollah
Hezbollah ( ; , , ) is a Lebanese Shia Islamist political party and paramilitary group. Hezbollah's paramilitary wing is the Jihad Council, and its political wing is the Loyalty to the Resistance Bloc party in the Lebanese Parliament. I ...
and
Iran
Iran, officially the Islamic Republic of Iran (IRI) and also known as Persia, is a country in West Asia. It borders Iraq to the west, Turkey, Azerbaijan, and Armenia to the northwest, the Caspian Sea to the north, Turkmenistan to the nort ...
.
His legislative pursuits varied in efficacy and received mixed reception from Argentines and globally. His presidency has been praised for leaving a
legacy of anti-corruption and increasing Argentina's
sovereign marketability, but has been criticized for failing to materially reform the economy, falling short of containing
inflation
In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of curre ...
, and building up
external debt
A country's gross external debt (or foreign debt) is the liabilities that are owed to nonresidents by residents. The debtors can be government, governments, corporation, corporations or citizens. External debt may be denominated in domestic or f ...
. Real wages declined during his term in office and a large number of small and medium-sized companies went out of business. In the
2019 general election, he became the first incumbent president in Argentina to lose reelection to a second term and was defeated by
Alberto Fernandez.
Early life, education and early career
Macri was born in
Tandil
Tandil is the main city of the homonymous partido (department), located in Argentina, in the southeast of Buenos Aires Province, just north-northwest of Tandilia hills. The city was founded in 1823, and its name originates from the '' Piedra M ...
in the province of Buenos Aires, the son of Italian-born tycoon
Francesco "Franco" Macri (owner of the
Philco
Philco (an acronym for Philadelphia Battery Company) is an American electronics industry, electronics manufacturer headquartered in Philadelphia. Philco was a pioneer in battery, radio, and television production. In 1961, the company was purchase ...
affiliate in Argentina) and Alicia Blanco-Villegas Cinque.
The family moved to Buenos Aires a short time later, and kept their houses in Tandil as
vacation properties.
His father, and his uncle Jorge Blanco Villegas, influenced Macri to become a businessman, and Franco expected his son to succeed him as leader of his firms. Macri preferred his uncle's company to constant scrutiny by his father. He was educated at
Colegio Cardenal Newman, and received a bachelor's degree in civil engineering from the
Pontifical Catholic University of Argentina. At this time Macri became interested in
neoliberalism
Neoliberalism is a political and economic ideology that advocates for free-market capitalism, which became dominant in policy-making from the late 20th century onward. The term has multiple, competing definitions, and is most often used pe ...
and joined the now-defunct
Union of the Democratic Centre and a think tank led by former minister
Álvaro Alsogaray. In 1985, he briefly attended
Columbia Business School
Columbia Business School (CBS) is the business school of Columbia University, a Private university, private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and one of ...
, the
Wharton School of the University of Pennsylvania
The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...
and the
Universidad del CEMA in
Buenos Aires
Buenos Aires, controlled by the government of the Autonomous City of Buenos Aires, is the Capital city, capital and largest city of Argentina. It is located on the southwest of the Río de la Plata. Buenos Aires is classified as an Alpha− glob ...
.
[Mauricio Macri's curriculum vitae](_blank)
, CEMA; accessed 23 November 2015.
Macri's professional experience began at SIDECO Americana, a construction company which was part of his father's Socma Group (Sociedad Macri)
holding company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...
, where he worked for three years as a junior analyst and became a senior analyst. In 1984, he worked in the credit department of
Citibank Argentina in Buenos Aires. Macri joined Socma Group the same year, and became its general manager in 1985. In 1992, he became vice president of
Sevel Argentina (then manufacturing
Fiat
Fiat Automobiles S.p.A., commonly known as simply Fiat ( , ; ), is an Italian automobile manufacturer. It became a part of Fiat Chrysler Automobiles in 2014 and, in 2021, became a subsidiary of Stellantis through its Italian division, Stellant ...
and
Peugeot
Peugeot (, , ) is a French automobile brand owned by Stellantis.
The family business that preceded the current Peugeot companies was established in 1810, making it the oldest car company in the world. On 20 November 1858, Émile Peugeot applie ...
automobiles under licence in Argentina as part of Socma), and became president two years later.
Boca Juniors
Macri intended to run for chairman of sports club
Boca Juniors
Club Atlético Boca Juniors () is an Argentine professional sports club based in La Boca, a neighbourhood of Buenos Aires. The club is best known for its men's professional Association football, football team which, since its promotion in 1913 ...
in 1991, but his father convinced him to keep working at Sevel. He tried to buy the
Deportivo Español team, but could not get support from the team's board of directors. Macri supported Boca Juniors, paying coach
César Luis Menotti's salary and buying players for the team (including
forward Walter Perazzo). Franco, skeptical about his son's prospects for success, later allowed him to run Boca Juniors. He instructed aide
Orlando Salvestrini to work with Mauricio for two reasons: to help him and to monitor his activities. Mauricio met with former Boca Juniors chairmen
Antonio Alegre and
Carlos Heller, and tried to convince them to work with him; both rebuffed him. Macri later sought the support of other groups in Boca Juniors, eventually winning the team's internal elections in 1995 with 7,058 votes.
His first years were unsuccessful; the team's performance was poor, players frequently complained about salaries and bonuses, and Macri changed coaches three times. The only initial improvement was a partial reconstruction of the stadium. He arranged for the Boca Juniors institution to operate on the
stock exchange
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds and other financial instruments. Stock exchanges may also provide facilities for ...
, selling
shares
In financial markets, a share (sometimes referred to as stock or equity) is a unit of equity ownership in the capital stock of a corporation. It can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Sha ...
of active football players owned by the club. Macri's first coach was
Carlos Salvador Bilardo, who brought 14 new players to the team and finished the
1996 Apertura league in 10th place. His second coach,
Héctor Veira, also performed poorly. New coach
Carlos Bianchi helped
Juan Román Riquelme improve his performance, and had
Martín Palermo and
Guillermo Barros Schelotto as effective forwards. They won the first two tournaments, beginning a record 40-match unbeaten run.
During his tenure at the helm of Boca Juniors, the xeneize team obtained sixteen titles, which established him as the president of the institution that has obtained the most football titles, displacing
Alberto J. Armando to second place, with twelve total titles.
Macri has been trying to reform the Argentine soccer statutes for almost two decades to allow clubs to become sports limited companies.
Early political career

In 1991, Macri was kidnapped for 12 days by officers of the
Argentine Federal Police. Kept in a small room with a
chemical toilet and a hole in the roof to receive food, he was freed when his family reportedly paid a multimillion-dollar ransom. Macri has said that the ordeal led him to enter politics.
Macri entered politics in 2003, founding the centre-right party
Commitment to Change ().
The party was intended to be a source of new politicians, since the major parties were discredited after the
December 2001 riots. Later that year, Macri ran for mayor of Buenos Aires, alongside
Horacio Rodríguez Larreta. Although he won the first round of the election with 37 percent of the vote, he lost the
runoff election
The two-round system (TRS or 2RS), sometimes called ballotage, top-two runoff, or two-round plurality, is a single-winner electoral system which aims to elect a member who has support of the majority of voters. The two-round system involves one ...
with 46 percent of the vote going to sitting mayor
Aníbal Ibarra, who was re-elected. In 2005, Macri joined
Ricardo López Murphy of
Recrear in a political coalition, the
Republican Proposal (PRO), and was elected to the
Chamber of Deputies
The chamber of deputies is the lower house in many bicameral legislatures and the sole house in some unicameral legislatures.
Description
Historically, French Chamber of Deputies was the lower house of the French Parliament during the Bourb ...
with 33.9 percent of the vote. His campaigns were managed by
Jaime Durán Barba. According to a 2007 report, Macri had participated in only 44 of 321 votings; he countered that he had become disappointed with Congress, since bills sent by the president were not open to debate or amendment. Ibarra was impeached and removed from office in 2006 as a result of the
República Cromañón nightclub fire, and his term was completed by vice-chief of government
Jorge Telerman.
During 2006, Macri worked both on his political activities as deputy and with his presidency of Boca Juniors. Before the
2007 general elections, he negotiated with the likely presidential candidate
Jorge Sobisch, the
governor of Neuquén Province, to create a national right-wing political coalition. This conflicted with Macri's alliance with Ricardo López Murphy, who also intended to run for president and had denounced Sobisch for corruption. Later that year, Sobisch's image was severely tarnished when teacher Carlos Fuentealba was killed during a union demonstration in
Neuquén
Neuquén (; ) is the capital city of the Argentine province of Neuquén and of the Confluencia Department, located in the east of the province. It occupies a strip of land west of the confluence of the Limay and Neuquén rivers which form t ...
.

He immediately backed out of his pact with Sobisch and remained neutral during the national election, which was won by
Cristina Fernández de Kirchner
Cristina Elisabet Fernández de Kirchner (; born 19 February 1953), often referred to by her initials CFK, is an Argentine lawyer and former politician who served as the 56th president of Argentina from 2007 to 2015, and later as the 37th Vice ...
of the
Front for Victory (FPV).
In February 2007, Macri announced that he would run again for mayor of Buenos Aires, heading the PRO slate with
Gabriela Michetti
Marta Gabriela Michetti Illia (; born 28 May 1965) is an Argentine politician and was Vice President of Argentina from 2015 to 2019 during Mauricio Macri's administration. She is the second woman to serve as vice president, 40 years after Isabel ...
. In the 2 June 2007 first round, he received 45.6 percent of the vote and defeated government-backed
Daniel Filmus (who received 23.8 percent of the vote); incumbent Jorge Telerman finished third. In the 24 June runoff election, Macri defeated Filmus with 60.96 percent of the vote.
For the
2009 midterm elections, he allied with
Francisco de Narváez and
Felipe Solá. The alliance was successful; De Narvaez defeated former president
Néstor Kirchner in Buenos Aires Province and
Gabriela Michetti
Marta Gabriela Michetti Illia (; born 28 May 1965) is an Argentine politician and was Vice President of Argentina from 2015 to 2019 during Mauricio Macri's administration. She is the second woman to serve as vice president, 40 years after Isabel ...
won the city election. With this defeat, the Kirchners lost their majority in both chambers of the Congress. Cristina Fernández de Kirchner, whose public image was good after the
death and state funeral of Néstor Kirchner in late 2010, ran for re-election. Macri, who was considered a likely candidate for the opposition, ran for re-election as mayor instead. He won the first round on 10 July 2011 with 47.08 percent of the vote against Filmus's 27.78 percent, and then the 31 July runoff against Filmus with 64.25 percent of the vote.
Buenos Aires administration
Public transport
Macri's administration worked on public transport in an attempt to reduce auto traffic in Buenos Aires. One project was the
Metrobus, a
bus rapid transit system added to the city's main streets. By the end of Macri's term as mayor, the system had five lines and 113 stations.
Other streets have bikeways to promote cycling, and the city created its
EcoBici bicycle-sharing scheme. By the end of Macri's administration, about of bicycle lanes were constructed and 49 of the planned 200 automated bicycle-sharing stations were built.
Several level crossings on the
city's commuter-rail network were replaced by tunnels to improve road and rail traffic flow. Under Macri, the city committed to two large rail-infrastructure projects: running viaducts through the center of the city to extend the
Belgrano Sur Line, and raising the
San Martín Line
The San Martín line is a , 22-station commuter rail service in the metropolitan area of Buenos Aires, Argentina. The San Martín line operates from the city-centre terminus of Retiro San Martín railway station, Retiro station north-west to Doct ...
to eliminate level crossings.
Macri proposed the
Red de Expresos Regionales project to link the city's main railway terminals and lines with a series of tunnels; as of 2018, in the term of his successor
Horacio Rodríguez Larreta, the project is still in the planning stages.
The
Buenos Aires Underground
The Buenos Aires Underground (), locally known as Subte (), is a rapid transit system that serves the area of the city of Buenos Aires, Argentina. The first section of this network (Plaza de Mayo–Plaza Miserere) opened in 1913, making it the L ...
, initially maintained by the national government, was the subject of a year-long dispute between him and the
Fernández de Kirchner government. The national government sought to transfer it to the city, which Macri supported, but the budget and length of the transition period were contested. He announced that the city would take over the underground on 13 November 2012.
Line A, which was using
wooden cars almost a century old, received a fleet of modern cars from the national government;
Line H also received new cars.
Madrid Metro
The Madrid Metro (Spanish: ''Metro de Madrid'') is a rapid transit system serving the city of Madrid, capital of Spain. The system is the 14th longest rapid transit system in the world, with a total length of . Its growth between 1995 and 200 ...
rolling-stock purchases for
Line B were criticised, despite their technical superiority, for having a limited compatibility with the line and costing more than
new trains for the city's commuter-rail network.
Metropolitan police

Buenos Aires, initially a
federal district
A federal district is a specific administrative division in one of various federations. These districts may be under the direct jurisdiction of a federation's national government, as in the case of federal territory (e.g., India, Malaysia), or the ...
with limited autonomy, had become an
autonomous city with the
1994 amendment of the Constitution of Argentina. The
Argentine Federal Police, under national-government jurisdiction, still worked in the city and disputes over a potential transfer to a local force were unresolved when Macri was elected. He unsuccessfully tried to negotiate a transfer with President
Cristina Fernández de Kirchner
Cristina Elisabet Fernández de Kirchner (; born 19 February 1953), often referred to by her initials CFK, is an Argentine lawyer and former politician who served as the 56th president of Argentina from 2007 to 2015, and later as the 37th Vice ...
. As an alternative, in 2008 Macri proposed a bill for the creation of the
Buenos Aires Metropolitan Police to work with federal police in the city. The bill, supported by the PRO and the Kirchnerite blocs, was rejected by
Civic Coalition blocs and those aligned with Ibarra.
Elisa Carrió
Elisa María Avelina "Lilita" Carrió (born 26 December 1956) is an Argentine lawyer, professor, and politician. She is the leader of Civic Coalition ARI, one of the founders of Cambiemos, and was Argentine Chamber of Deputies, National Deputy f ...
, leader of the Civic Coalition, thought that Macri had abandoned the transfer request, and Ibarra said that the forces' duties would overlap. The Metropolitan Police began with nearly 1,000 officers; the Federal Police had 17,000 officers working in the city. As a result, the metropolitan police worked on a small scale during the transition and more complex tasks were reserved for the federal police.
Jorge Alberto Palacios was the first chief of the Metropolitan Police. A member of the police unit which rescued Macri from his kidnappers, Palacios was fired by then-President
Néstor Kirchner for his alleged involvement in the
murder of Axel Blumberg (for which he was acquitted). His appointment was controversial; Palacios had been investigated for concealing evidence of the 1994
AMIA bombing, and he resigned a short time later. The transfer of police protection to the city was completed during the Larreta administration.
Same-sex marriage
A gay couple, José María Di Bello and Alex Freyre, started a judicial case so that they could get married in Buenos Aires. They challenged articles 172 and 188 of the civil code, which restrict marriage to people of different genders, as unconstitutional. Judge Gabriela Seijas agreed, and the couple married in 2009. It was the first
same-sex marriage in Argentina. Macri did not appeal the ruling, saying that same-sex marriage was becoming universally accepted and individuals had a right to happiness. He compared the controversy with the sanctioning of
divorce
Divorce (also known as dissolution of marriage) is the process of terminating a marriage or marital union. Divorce usually entails the canceling or reorganising of the legal duties and responsibilities of marriage, thus dissolving the M ...
during the 1980s after the restoration of democracy in Argentina; highly controversial at first, it was eventually accepted. A
federal law
Federal law is the body of law created by the federal government of a country. A federal government is formed when a country has a central government as well as regional governments, such as subnational states or provinces, each with constituti ...
permitting same-sex marriage was passed the following year.
Macri's refusal to appeal the sentence affected his relationship with
Archbishop
In Christian denominations, an archbishop is a bishop of higher rank or office. In most cases, such as the Catholic Church, there are many archbishops who either have jurisdiction over an ecclesiastical province in addition to their own archdi ...
Jorge Bergoglio (who later became
Pope Francis
Pope Francis (born Jorge Mario Bergoglio; 17 December 1936 – 21 April 2025) was head of the Catholic Church and sovereign of the Vatican City State from 13 March 2013 until Death and funeral of Pope Francis, his death in 2025. He was the fi ...
). Bergoglio opposed same-sex marriage, and expected Macri to appeal the ruling. According to the archbishop, a lower-court judge should not establish the constitutionality of a law and Macri should have appealed the ruling in a higher court. Bergoglio was also annoyed by what he considered a lack of communication between himself and Macri.
Presidential elections
2015 Argentine general election

Macri ran for president of Argentina in
2015
2015 was designated by the United Nations as:
* International Year of Light
* International Year of Soil __TOC__
Events
January
* January 1 – Lithuania officially adopts the euro as its currency, replacing the litas, and becomes ...
. With President Cristina Kirchner unable to run, early opinion polls indicated a close three-way race between Macri,
Kirchnerite governor
Daniel Scioli and
Tigre mayor
Sergio Massa. Other minor parties, such as the
Radical Civic Union
The Radical Civic Union (, UCR) is a major political party in Argentina. It has reached the national government on ten occasions, making it one of the most historically important parties in the country. Ideologically, the party has stood for r ...
(UCR), the
Civic Coalition (CC) and some socialist parties, made a political coalition, the
Broad Front UNEN. This coalition disbanded before the elections, and the UCR and CC made a coalition with the PRO, named
Cambiemos (). Macri supported
Horacio Rodríguez Larreta against Gabriela Michetti in the PRO primary elections for mayor of Buenos Aires. Larreta won the primary and general elections, and Michetti was selected as Macri's vice-presidential candidate.
María Eugenia Vidal, Macri's deputy mayor, ran on the Cambiemos ticket for
governor of Buenos Aires Province, a populous province which was strategic to the elections. Macri and Massa negotiated a coalition against Kirchnerism, which would have seen Massa withdraw from the presidential race to run for governor of Buenos Aires on the Cambiemos ticket. Macri declined this proposal, kept Vidal as the party's candidate for governor, and Massa ran for president with his own party.
Macri, Carrió and
Ernesto Sanz ran in the primary elections, which Macri won. Pre-election polls indicated that Scioli would win by a wide margin, possibly avoiding a
ballotage
The two-round system (TRS or 2RS), sometimes called ballotage, top-two runoff, or two-round plurality, is a single-winner electoral system which aims to elect a member who has support of the majority of voters. The two-round system involves one ...
. The final results showed Scioli finishing first with 37.08 percent, just ahead of Macri's 34.15 percent, leading to a ballotage round on 22 November. Massa finished third with 21 percent of the vote, and the other two candidates contended for his voters. Scioli and Macri were polarized about the presidency of Cristina Kirchner; Scioli wanted to keep most Kirchnerite policies, and Macri wanted to change them. In the legislative elections, the
Front for Victory (FPV) lost its majority in the Chamber of Deputies but kept it in the Senate.
Scioli did not participate in the first
presidential debate, which was held with the other five candidates. When the ballotage was confirmed, Macri agreed to a debate with Scioli. Two debates were planned: one by the Argentina Debate NGO and another by TV news channel
Todo Noticias (TN). Macri preferred a single debate, and opted for the one organized by Argentina Debate.
He criticized Scioli for
negative campaigning by the FPV. Several politicians and FPV institutions had issued warnings about what might happen if Macri were elected president. According to Scioli, the campaign was intended to encourage public awareness. It was rumored that the campaign might have been suggested by Brazilian political consultant João Santana, who had organized a similar campaign in Brazil during the
ballotage
The two-round system (TRS or 2RS), sometimes called ballotage, top-two runoff, or two-round plurality, is a single-winner electoral system which aims to elect a member who has support of the majority of voters. The two-round system involves one ...
of
Dilma Rousseff and
Aécio Neves
Aécio Neves da Cunha (; born 10 March 1960) is a Brazilian economist, politician and former president of the Brazilian Social Democracy Party (PSDB). He was the 17th List of Governors of Minas Gerais, Governor of Minas Gerais from 1 January 20 ...
in the
2014 Brazilian general election.
The ballotage was held on 22 November. Scioli conceded with 70 percent of the votes counted and provisional results of 53 and 47 percent. The gap between the candidates slowly narrowed over the next few hours, giving Macri a smaller margin of victory than most exit polls suggested. His election ended a dozen years of
Kirchnerism in Argentina.
For
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. M ...
, this was the "end of
populism
Populism is a essentially contested concept, contested concept used to refer to a variety of political stances that emphasize the idea of the "common people" and often position this group in opposition to a perceived elite. It is frequently a ...
." Macri's victory could transform his country and the region.
Macri owed his victory to
Córdoba, the second-largest province, swinging dramatically to support him; he carried the province by over 930,000 votes in the second round, far exceeding his nationwide margin of 680,600 votes. Buenos Aires also swung hard to Macri, giving its mayor over 64 percent of the vote in the second round.
2019 Argentine general election
On 11 August 2019, Macri scored the primary election which gave him renomination as his party's candidate in the
2019 general election.
He was renominated, but scored only 32%, compared to 47% to populist
Peronist
Peronism, also known as justicialism, is an Argentine ideology and movement based on the ideas, doctrine and legacy of Juan Perón (1895–1974). It has been an influential movement in 20th- and 21st-century Argentine politics. Since 1946, Pe ...
Alberto Fernández and his running mate, two-term former president
Cristina Kirchner, in their primary for
Frente de Todos
The Frente de Todos (translated as "Everyone's Front") was a centre-left political coalition of political parties in Argentina formed to support President Alberto Fernández and Vice President Cristina Kirchner.
Fernández won the 2019 gen ...
.
In the 27 October
general election
A general election is an electoral process to choose most or all members of a governing body at the same time. They are distinct from By-election, by-elections, which fill individual seats that have become vacant between general elections. Gener ...
, 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
The two-round system (TRS or 2RS), sometimes called ballotage, top-two runoff, or two-round plurality, is a single-winner electoral system which aims to elect a member who has support of the majority of voters. The two-round system involves one ...
.
Alberto Fernández emerged from an electrifying election night as Argentina's next president, without the need for a ballottage, despite Mauricio Macri's surprising rebound from the primaries.
Presidency
Inauguration
Macri announced his cabinet on 25 November 2015, about two weeks before he was due to take office. The
presidential transition was difficult. Macri and Kirchner met briefly; she provided no help to the new administration, and spoke only about the inauguration ceremony. They disagreed about its location; Kirchner wanted it to take place at the
Palace of the Argentine National Congress, and Macri favoured the White Hall of the
Casa Rosada. Plans for violence against Macri supporters near the Plaza during the inauguration were rumoured, and it was unclear who would control the police during the ceremony. Judge
María Servini de Cubría
Maria may refer to:
People
* Mary, mother of Jesus
* Maria (given name), a popular given name in many languages
Place names Extraterrestrial
* 170 Maria, a Main belt S-type asteroid discovered in 1877
* Lunar maria (plural of ''mare''), large, ...
ruled that Kirchner's term of office ended at midnight on the morning of 10 December, and provisional
Senate
A senate is a deliberative assembly, often the upper house or chamber of a bicameral legislature. The name comes from the ancient Roman Senate (Latin: ''Senatus''), so-called as an assembly of the senior (Latin: ''senex'' meaning "the el ...
president
Federico Pinedo was in charge of the executive branch for the 12 hours between the end of Kirchner's term and Macri's swearing-in. Kirchner left Buenos Aires that day to attend the inauguration of sister-in-law
Alicia Kirchner as governor of
Santa Cruz Province.
Macri took office on 10 December. He took the oath of office at the
National Congress of Argentina
The National Congress of Argentina () is the legislature, legislative branch of the government of Argentina. Its composition is bicameralism, bicameral, constituted by a 72-seat Argentine Senate, Senate and a 257-seat Argentine Chamber of Deputie ...
after Vice President
Gabriela Michetti
Marta Gabriela Michetti Illia (; born 28 May 1965) is an Argentine politician and was Vice President of Argentina from 2015 to 2019 during Mauricio Macri's administration. She is the second woman to serve as vice president, 40 years after Isabel ...
. Macri delivered a 27-minute speech pledging "support for an independent judiciary, to fight corruption and drug trafficking, the internal union of Argentina, universal social protection, a 21st-century style of education and for everyone to have a roof, water and sewer" and greeted his electoral rivals.

He later went to the Casa Rosada and received the presidential sash in the White Hall from Senate President Federico Pinedo, accompanied by Michetti, Chamber of Deputies President Emilio Monzó and Supreme Court President
Ricardo Lorenzetti. Minutes later, Macri went to the balcony and told the crowd in the
Plaza de Mayo
The Plaza de Mayo (, ; ) is a city square and the main foundational site of Buenos Aires, Argentina. It was formed in 1884 after the demolition of the Recova building, unifying the city's Plaza Mayor and Plaza de Armas, by that time known as ''Pl ...
that "Argentines deserve to live better, and we are about to start a wonderful period for our country. I promise to always tell the truth and show where our problems are". He called on "all Argentines to follow
isadministration and alert them when
he governmentmakes mistakes". After his swearing-in, Macri hosted a reception at the
Ministry of Foreign Affairs
In many countries, the ministry of foreign affairs (abbreviated as MFA or MOFA) is the highest government department exclusively or primarily responsible for the state's foreign policy and relations, diplomacy, bilateral, and multilateral r ...
'
San Martín Palace for heads of state
Michelle Bachelet (
Chile
Chile, officially the Republic of Chile, is a country in western South America. It is the southernmost country in the world and the closest to Antarctica, stretching along a narrow strip of land between the Andes, Andes Mountains and the Paci ...
),
Horacio Cartes (
Paraguay
Paraguay, officially the Republic of Paraguay, is a landlocked country in South America. It is bordered by Argentina to the Argentina–Paraguay border, south and southwest, Brazil to the Brazil–Paraguay border, east and northeast, and Boli ...
),
Juan Manuel Santos
Juan Manuel Santos Calderón (; born 10 August 1951) is a Colombian politician who was the President of Colombia from 2010 to 2018. He was the sole recipient of the 2016 Nobel Peace Prize.
An economist by training and a journalist by trade, S ...
(
Colombia
Colombia, officially the Republic of Colombia, is a country primarily located in South America with Insular region of Colombia, insular regions in North America. The Colombian mainland is bordered by the Caribbean Sea to the north, Venezuel ...
),
Rafael Correa
Rafael Vicente Correa Delgado (; born 6 April 1963) is an Ecuadorian politician and economist who served as the 45th president of Ecuador from 2007 to 2017. The leader of the PAIS Alliance political movement from its foundation until 2017, Corr ...
(
Ecuador
Ecuador, officially the Republic of Ecuador, is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. It also includes the Galápagos Province which contain ...
),
Evo Morales (
Bolivia
Bolivia, officially the Plurinational State of Bolivia, is a landlocked country located in central South America. The country features diverse geography, including vast Amazonian plains, tropical lowlands, mountains, the Gran Chaco Province, w ...
),
Dilma Rousseff (
Brazil
Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...
) and
King Juan Carlos I of
Spain
Spain, or the Kingdom of Spain, is a country in Southern Europe, Southern and Western Europe with territories in North Africa. Featuring the Punta de Tarifa, southernmost point of continental Europe, it is the largest country in Southern Eur ...
, and representatives of other countries who attended his inauguration.
Economic policy

Macri began his presidency with economic difficulties carried over from previous governments. The
Central Bank of Argentina
The Central Bank of the Argentine Republic (, BCRA) is the central bank of Argentina, being an autarchic entity.
Article 3 of the Organic Charter lists the objectives of this Institution: “The bank aims to promote, to the extent of its powers ...
's
reserves were depleted; inflation was over 30 percent, although the widely discredited
National Institute of Statistics and Census of Argentina
The National Institute of Statistics and Censuses (, mostly known for its acronym INDEC) is an Argentine decentralized public body that operates within the Ministry of Economy, which leads all official statistical activities carried out in the co ...
(INDEC) provided a lower figure. The country had the highest tax rates in its history, but the
government budget balance had an eight-percent deficit. There had been a
sovereign default
A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full when due. Cessation of due payments (or receivables) may either be accompanied by that government's formal declaration that it wil ...
since 2001, and a conflict existed with
hedge fund
A hedge fund is a Pooling (resource management), pooled investment fund that holds Market liquidity, liquid assets and that makes use of complex trader (finance), trading and risk management techniques to aim to improve investment performance and ...
s; tight
currency controls had been in place since 2011. Since Argentina is a
developing country
A developing country is a sovereign state with a less-developed industrial base and a lower Human Development Index (HDI) relative to developed countries. However, this definition is not universally agreed upon. There is also no clear agreeme ...
, a global drop in commodity prices reduced trade revenue.
One of Macri's first economic policies was the removal of currency controls, allowing Argentines to freely buy and sell foreign currencies. Argentina has had a
floating exchange rate
In macroeconomics and economic policy, a floating exchange rate (also known as a fluctuating or flexible exchange rate) is a type of exchange rate regime in which a currency's value is allowed to fluctuate in response to foreign exchange market ...
since then, with intervention from the Central Bank, and the
Argentine peso was
devalued by 30 percent. Another early policy was the removal of
export quotas and
tariff
A tariff or import tax is a duty (tax), duty imposed by a national Government, government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods ...
s on corn and wheat.
Tariff
A tariff or import tax is a duty (tax), duty imposed by a national Government, government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods ...
s on
soybean
The soybean, soy bean, or soya bean (''Glycine max'') is a species of legume native to East Asia, widely grown for its edible bean. Soy is a staple crop, the world's most grown legume, and an important animal feed.
Soy is a key source o ...
s, the most lucrative Argentine export, were reduced from 35 to 30 percent.

Macri wanted to negotiate with holdouts and end the default to return to the international capital markets and strengthen the national economy.
Argentina offered to pay $6.5 billion to settle lawsuits on 5 February 2016, requesting that the prior ruling on its payments be lifted.
Although
Cambiemos did not have a majority in either house of Congress, the bill was approved in March and Argentina faced a court hearing in New York on 13 April. The court upheld judge
Thomas P. Griesa's ruling, allowing Argentina to pay the 2005 and 2010 bondholders to whom it was still in default. The payment, made with a bond sale, was reportedly the end of the Argentine default, which had begun in 2001.

On 19 January 2016, Macri attended the
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
in
Davos
Davos (, ; or ; ; Old ) is an Alpine resort town and municipality in the Prättigau/Davos Region in the canton of Graubünden, Switzerland. It has a permanent population of (). Davos is located on the river Landwasser, in the Rhaetian ...
, Switzerland, with opposition figure
Sergio Massa and part of his cabinet, in a search for investors. He was one of the best-known figures at the meeting, along with Canadian prime minister
Justin Trudeau and US vice president
Joe Biden
Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who was the 46th president of the United States from 2021 to 2025. A member of the Democratic Party (United States), Democratic Party, he served as the 47th vice p ...
. It was the first time since 2003 that Argentina had participated in the forum.
During Macri's first year, economic recovery was slow. Unemployment and inflation remained high and growth did not come as expected.
Kirchner's
Careful Pricing price-control program, which benefited
small and medium-sized enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organiza ...
, was kept with a revision of its included products. The government began several public-works projects to stimulate the economy and help the construction sector. Political intervention in the INDEC figures ended, and the
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
(IMF) declared in November 2016 that Argentine statistics were again in accordance with international standards. The
Organisation for Economic Co-operation and Development
The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, wor ...
(OECD) estimated that Argentina would emerge from recession in 2017 or 2018, and lowered its
country risk
Country risk refers to the risk of investing or lending in a country, arising from possible changes in the business environment that may adversely affect operating profits or the value of assets in the country. For example, financial factors su ...
classification from seven points to six.
Inflation
In economics, inflation is an increase in the average price of goods and services in terms of money. This increase is measured using a price index, typically a consumer price index (CPI). When the general price level rises, each unit of curre ...
continued to be a problem, with a rate of 25% in 2017, second only to
Venezuela
Venezuela, officially the Bolivarian Republic of Venezuela, is a country on the northern coast of South America, consisting of a continental landmass and many Federal Dependencies of Venezuela, islands and islets in the Caribbean Sea. It com ...
in
South America
South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a considerably smaller portion in the Northern Hemisphere. It can also be described as the southern Subregion#Americas, subregion o ...
and the highest rate in the
G20. On 28 December, the
Central Bank of Argentina
The Central Bank of the Argentine Republic (, BCRA) is the central bank of Argentina, being an autarchic entity.
Article 3 of the Organic Charter lists the objectives of this Institution: “The bank aims to promote, to the extent of its powers ...
together with the
Treasury
A treasury is either
*A government department related to finance and taxation, a finance ministry; in a business context, corporate treasury.
*A place or location where treasure, such as currency or precious items are kept. These can be ...
announced a change of the inflation target. This was seen by the
market as a relaxation of the
monetary policy
Monetary policy is the policy adopted by the monetary authority of a nation to affect monetary and other financial conditions to accomplish broader objectives like high employment and price stability (normally interpreted as a low and stable rat ...
. They attempted to reduce it to 15%, but these efforts failed.
Between 2017 and 2018 the government cut
import tariffs on
capital goods
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. A typical example is the machinery used in a factory. At the macroeconomic level, ...
and eliminated
tariffs on the importation of
technology
Technology is the application of Conceptual model, conceptual knowledge to achieve practical goals, especially in a reproducible way. The word ''technology'' can also mean the products resulting from such efforts, including both tangible too ...
products to encourage investment.
The
deregulation
Deregulation is the process of removing or reducing state regulations, typically in the economic sphere. It is the repeal of governmental regulation of the economy. It became common in advanced industrial economies in the 1970s and 1980s, as a ...
area allowed the incorporation of
low cost airlines, such as
JetSmart,
Norwegian and
Flybondi.
The economy worsened in 2018: inflation remained high, due in part to a trade deficit. The production of soy, the country's main export, had been reduced by a drought which was among the worst natural disasters in the world that year. The US
Federal Reserve
The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of ...
increased its interest rates, which raised the price of the
US dollar against other currencies. The Central Bank of Argentina increased the interest rate to 60 percent, but could not hold off inflation.

Macri announced on 8 May that Argentina would seek a loan from the IMF. The initial loan was US$50bn.
Federico Sturzenegger, president of the Central Bank, resigned a week later. Macri replaced him with
Luis Caputo, and merged the ministries of treasury and finances into a single ministry led by
Nicolás Dujovne. The US–Turkey diplomatic conflict caused a new increase on the US dollar. As a result of the crisis, the tariffs on soy exports were restored. Caputo resigned, and
Guido Sandleris replaced him as president of the Central Bank. The IMF expanded the loan with an extra 7 billion, on the condition that the Central Bank would only adjust the price of the peso against the US dollar under certain conditions.
For 2019, the government accelerated the
austerity
In economic policy, austerity is a set of Political economy, political-economic policies that aim to reduce government budget deficits through Government spending, spending cuts, tax increases, or a combination of both. There are three prim ...
plans, with less expenses and more taxes, to completely remove the
fiscal deficit
The government budget balance, also referred to as the general government balance, public budget balance, or public fiscal balance, is the difference between government revenues and spending. For a government that uses accrual accounting ( ...
.
Energy policy

Prices for
public utilities, such as electricity, gas and water, were fixed in 2002 by president
Eduardo Duhalde
Eduardo Alberto Duhalde (; born 5 October 1941) is an Argentina, Argentine former peronist politician who served as the interim President of Argentina from January 2002 to May 2003. He also served as Vice President of Argentina, Vice President ...
during the
1998–2002 Argentine great depression. The Kirchners kept them fixed, and the state
subsidized them to compensate for inflation, which rose by nearly 700 percent during their government.
Investment in the utility sectors decreased, and generation and distribution networks deteriorated. Argentina lost its self-sufficiency, and went from an energy exporter to an importer. The cost of energy imports increased the trade deficit and the inflation rate, and
power outage
A power outage, also called a blackout, a power failure, a power blackout, a power loss, a power cut, or a power out is the complete loss of the electrical power network supply to an end user.
There are many causes of power failures in an el ...
s became frequent. The Kirchners left the grid on the brink of collapse,
while their lavish subsidies were a large factor in the fiscal deficit that harmed the overall economy.
In 2016, Minister
Juan José Aranguren arranged the removal of state subsidies for electricity, gas and water, which caused a huge increase in prices for those utilities. The increases were met with protests in several cities. Because mandatory public hearings had not been held on the price increases, these were annulled by the courts. The
Supreme Court
In most legal jurisdictions, a supreme court, also known as a court of last resort, apex court, high (or final) court of appeal, and court of final appeal, is the highest court within the hierarchy of courts. Broadly speaking, the decisions of ...
upheld a temporary halt of the price increase for residential customers in September 2016.
Seeking to increase energy production, Macri signed an investment deal for the
Vaca Muerta shale deposit in
Patagonia
Patagonia () is a geographical region that includes parts of Argentina and Chile at the southern end of South America. The region includes the southern section of the Andes mountain chain with lakes, fjords, temperate rainforests, and glaciers ...
. Roughly the size of
Belgium
Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeas ...
, Vaca Muerta has the second-largest reserve of shale gas in the world. To finalise the deal, the unions negotiated flexibility in labour costs, which had been the main drawback to industrial development in the area. The
Neuquén Province
Neuquén () is a Provinces of Argentina, province of Argentina, located in the west of the country, at the northern end of Patagonia. It borders Mendoza Province to the north, Rio Negro Province to the southeast, and Chile to the west. It also me ...
government pledged to improve roads and general infrastructure.
Human rights
Human rights organizations had aligned themselves with the governments of both Néstor and Cristina Kirchner, even in topics unrelated to human rights, and often worked as their spokesmen. They continued this role after 2015, when Macri defeated the Kirchnerite candidate in the presidential elections, which undermined the legitimacy of the organizations in Argentine society. Macri maintained a distant relation with those organizations, and did not seek their support, but did not openly confront them. They kept their funding and the institutions under their control, and the trials of military personnel for crimes in the
Dirty War
The Dirty War () is the name used by the military junta or National Reorganization Process, civic-military dictatorship of Argentina () for its period of state terrorism in Argentina from 1974 to 1983. During this campaign, military and secu ...
(1974–1983) continued. Nevertheless, the organizations continued their opposition to Macri. His cabinet was divided on an approach to take: whether to directly confront the organizations and remove their state financing, or to take an active role in their activities and replace their leaders with less politically motivated figures. The general policy, however, was to ignore the disputes and focus the activities of the government towards more pressing matters, such as the economy.
The government modified the public holiday for the
Day of Remembrance for Truth and Justice, which makes reference to the
1976 Argentine coup d'état
Events January
* January 2 – The International Covenant on Economic, Social and Cultural Rights enters into force.
* January 5 – The Pol Pot regime proclaims a new constitution for Democratic Kampuchea.
* January 18 – Full diplomatic ...
, to allow it to be celebrated on a movable date. This ruling was met with huge criticism. The ruling was reverted some days later, and the holiday was kept at the fixed date of 24 March.
Social issues
The
#NiUnaMenos movement, which advanced a feminist agenda in Argentina since 2015, stayed strong during the Macri presidency. Macri said during the
2018 opening of the National Congress that, although he was
anti-abortion
Anti-abortion movements, also self-styled as pro-life movements, are involved in the abortion debate advocating against the practice of abortion and its Abortion by country, legality. Many anti-abortion movements began as countermovements in r ...
, he wanted the Congress to have an
abortion debate and discuss a bill for a new
abortion law
Abortion laws vary widely among countries and territories, and have changed over time. Such laws range from abortion being freely available on request, to regulation or restrictions of various kinds, to outright prohibition in all circumstances ...
. As of 2018, abortion was only legally allowed for rapes and cases that may threaten the mother's health. The feminist movement organized several demonstrations in the following months, in support of the
voluntary termination of pregnancy abortion bill that was proposed in Congress. The proposal, however, became highly polarizing. The country has a strong conservative catholic population, particularly in the less-populated provinces, who rejected the bill. This polarization was unrelated to the political polarization of the country, and the legislators of both Cambiemos and the
Justicialist Party
The Justicialist Party (, ; abbr. PJ) is a major political party in Argentina, and the largest branch within Peronism. Following the 2023 presidential election, it has been the largest party in the opposition against President Javier Milei.
Fo ...
(PJ) were divided on the vote. The bill was approved by the Chamber of Deputies in June, but opposition became more organized after its approval and the Senate rejected the bill, by 38 to 31 votes.
In December 2017, police officer
Luis Chocobar killed a fleeing man who had stabbed an American tourist in
La Boca
La Boca (; "the Mouth", probably of the Matanza River) is a neighborhood (''Barrios of Buenos Aires, barrio'') of Buenos Aires, the capital of Argentina.
Its location near the Port of Buenos Aires meant the neighbourhood became a melting pot of ...
,
Buenos Aires
Buenos Aires, controlled by the government of the Autonomous City of Buenos Aires, is the Capital city, capital and largest city of Argentina. It is located on the southwest of the Río de la Plata. Buenos Aires is classified as an Alpha− glob ...
. Macri hosted him in early 2018 and hailed him as a hero. His administration would later enact the "Chocobar doctrine", broadening the rights of police officer to exercise lethal force when responding to criminal cases.
Foreign relations
During Macri's presidency, Argentina's foreign relations shifted substantially from those under Kirchner. He immediately proposed action against
Nicolás Maduro in Venezuela for human-rights abuses and to remove that country from
Mercosur
The Southern Common Market (commonly known by abbreviation ''Mercosur'' in Spanish and ''Mercosul'' in Portuguese) is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994. Its full me ...
. This shift was part of a change in the Latin American
pink tide
The pink tide (; ; ), or the turn to the left (; ; ), is a political wave and turn towards left-wing governments in Latin America throughout the 21st century. As a term, both phrases are used in political analysis in the news media and elsewhe ...
. The other countries in the bloc also opposed Maduro's socialist government, and prevented Venezuela from taking the ''pro tempore'' presidency of Mercosur. The bloc sought a trade and cooperation agreement with the
European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...
and closer ties with the
Pacific Alliance. Macri agreed with Brazilian president
Michel Temer
Michel Miguel Elias Temer Lulia (; born 23 September 1940) is a Brazilian politician, lawyer and writer who served as the 37th president of Brazil from 31 August 2016 to 1 January 2019. He took office after the Impeachment of Dilma Rousseff, impe ...
to guarantee
free trade
Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold Economic liberalism, economically liberal positions, while economic nationalist politica ...
between their countries. Macri and Temer increased their interest in better trade relations with Mexico, the second-largest economy in Latin America, after
Mexican-American relations started to turn sour under the Trump administration.
Argentina and Venezuela had troubled relations at the time. The
2017 Venezuelan Constituent Assembly election was considered illegal by Argentina, which does not acknowledge the
legislative body
A legislature (, ) is a deliberative assembly with the legal authority to make laws for a political entity such as a country, nation or city on behalf of the people therein. They are often contrasted with the executive and judicial powers o ...
established by it. Macri also removed the
Order of the Liberator General San Martín award from Maduro. Argentina signed the Declaration of Lima, which established the
Lima Group, a supranational body of countries that consider Venezuela to be under a dictatorship and want to restore its democracy. Maduro was re-elected in the
2018 Venezuelan presidential election and took office for a new term on 10 January 2019. This started the
2019 Venezuelan presidential crisis, as many countries believed that Maduro had committed electoral fraud. Argentina and Brazil, under the newly elected
Jair Bolsonaro
Jair Messias Bolsonaro (; born 21 March 1955) is a Brazilian politician and former military officer who served as the 38th president of Brazil from 2019 to 2023. He previously served as a member of Brazil's Chamber of Deputies (Brazil), Chamb ...
, refused to acknowledge Maduro as a legitimate ruler. They instead acknowledged
Juan Guaidó, who was appointed president of Venezuela by the
National Assembly
In politics, a national assembly is either a unicameral legislature, the lower house of a bicameral legislature, or both houses of a bicameral legislature together. In the English language it generally means "an assembly composed of the repr ...
. Furthermore, during the
Venezuelan uprising attempt of April 2019, Macri supported anti-Maduro military forces and reiterated his position of recognizing Guaidó as legitimate President of Venezuela.
Macri also shifted Argentina's relations with the United States. During a visit in 2016, president
Barack Obama
Barack Hussein Obama II (born August 4, 1961) is an American politician who was the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, he was the first African American president in American history. O ...
praised him: "I'm impressed because he has moved rapidly on so many of the reforms that he promised, to create more sustainable and inclusive economic growth, to reconnect Argentina with the global economy and the world community". Obama announced that the US would declassify its military and intelligence records of the 1970s
Dirty War
The Dirty War () is the name used by the military junta or National Reorganization Process, civic-military dictatorship of Argentina () for its period of state terrorism in Argentina from 1974 to 1983. During this campaign, military and secu ...
. Foreign Minister
Susana Malcorra supported
Democrat Hillary Clinton
Hillary Diane Rodham Clinton ( Rodham; born October 26, 1947) is an American politician, lawyer and diplomat. She was the 67th United States secretary of state in the administration of Barack Obama from 2009 to 2013, a U.S. senator represent ...
in the
2016 US presidential election
Presidential elections were held in the United States on November 8, 2016. The Republican ticket of businessman Donald Trump and Indiana governor Mike Pence defeated the Democratic ticket of former secretary of state Hillary Clinton and ...
, which was won by
Republican Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...
. Macri tried to remain in good terms with the US after the Trump was elected president. In 2019, Trump declassified more than 5,600 US documents about the Dirty War.
Macri maintained the Argentine claim in the
Falkland Islands sovereignty dispute. However, he took a less-confrontational stance towards the United Kingdom and allowed more flights between Argentina and the islands. Relations between Argentina and the UK improved greatly, but both Argentine and the United Kingdom maintain their respective claim on the islands.

Macri changed Argentina's position on
conflicts in the Middle East. During Macri's first week in office, he voided the
memorandum of understanding between Argentina and Iran, which would have established a joint investigation of the 1994
AMIA bombing, a terrorist attack on a Jewish organization for which Argentina had blamed
Hezbollah
Hezbollah ( ; , , ) is a Lebanese Shia Islamist political party and paramilitary group. Hezbollah's paramilitary wing is the Jihad Council, and its political wing is the Loyalty to the Resistance Bloc party in the Lebanese Parliament. I ...
and Iran. The memorandum had been ruled unconstitutional by the judiciary, a ruling which was appealed during Kirchner's presidency. Macri withdrew the appeal, upholding the original ruling. He distanced himself from Iran and encouraged continued investigations of the AMIA bombing and the
death of Alberto Nisman, a prosecutor investigating the case. Those cases and Nisman's probe into Cristina Kirchner involvement with Iran have special importance for
Argentina–Israel relations, and ambassador Carlos Faustino García and Israeli diplomat Modi Efraim praised Macri for encouraging the investigations. Macri further improved relations with Israel and in September 2017, Prime Minister
Benjamin Netanyahu
Benjamin Netanyahu (born 21 October 1949) is an Israeli politician who has served as the prime minister of Israel since 2022, having previously held the office from 1996 to 1999 and from 2009 to 2021. Netanyahu is the longest-serving prime min ...
became the first Israeli Prime Minister to ever visit Argentina. In July 2016, it was announced that Argentina would grant asylum to 3,000
refugees of the Syrian Civil War. In July 2019, Macri designated
Hezbollah
Hezbollah ( ; , , ) is a Lebanese Shia Islamist political party and paramilitary group. Hezbollah's paramilitary wing is the Jihad Council, and its political wing is the Loyalty to the Resistance Bloc party in the Lebanese Parliament. I ...
as a terrorist organization in relation to the Israeli embassy bombing, and especially related to the AMIA bombing.
Midterm elections

The
2017 Argentine legislative election renewed a third of the seats in the Senate and half in the chamber of deputies.
The election was considered a referendum on the presidency of Macri up to that point. Kirchner, leader of the opposition, ran for senator for the populous Buenos Aires province. She left the PJ to avoid the primary elections and created a new party,
Citizen's Unity.
Esteban Bullrich, minister of education, was the candidate of Cambiemos in the district. Kirchner and Bullrich had a close tie in the primary election, and Kirchner prevailed by just 0.21 percent of the vote.
The electoral campaign, however, was largely ignored, as the media was focused on the ongoing controversy over the disappearance of Santiago Maldonado (
see below). Kirchner used the case in her political campaign, stating that Maldonado was the victim of a
forced disappearance
An enforced disappearance (or forced disappearance) is the secret abduction or imprisonment of a person with the support or acquiescence of a State (polity), state followed by a refusal to acknowledge the person's fate or whereabouts with the i ...
, similar to those of the Dirty War. Maldonado
was found dead a few days before the general elections, and the circumstances and autopsy refuted Kirchner's theory. Cambiemos won in thirteen of the twenty-three provinces of Argentina, and in the five most-populated districts.
Kirchner ended in a distant second place, as a result of the higher turnout for the general elections.
Controversies
Wiretapping case
Sergio Burstein was the leader of a group of people whose relatives died in the
AMIA bombing. Macri was charged in a 2010
wiretapping case, suspected of spying on Burstein and his brother-in-law Néstor Daniel Leonardo. Macri denied the charges. Judge Norberto Oyarbide indicted him, and Federal Chamber members Eduardo Farah,
Eduardo Freiler and Jorge Ballestero confirmed the indictment. It was suspected at the time that Macri had organized a clandestine spy network with the aid of
Jorge Alberto Palacios and Ciro James. The case was transferred to judge
Sebastián Casanello, who ordered further investigation. It was learned that Macri had little knowledge about Palacios' daily activities and his minister, Mariano Narodowski, had appointed James. Franco Macri, the president's father, admitted to hiring private agencies to spy on Daniel Leonardo.
Although Casanello dismissed the charges in 2015, Leonardo appealed the ruling; the dismissal was upheld several months later in federal court. Farah, Freiler and Ballestero voted for acquittal; others involved in the case, including Palacios, are still under investigation.
Panama Papers
In 2016, the
Panama Papers
The Panama Papers () are 11.5 million leaked documents (or 2.6 terabytes of data) published beginning April 3, 2016. The papers detail financial and attorney–client information for more than 214,488 offshore entities. These document ...
were leaked, comprising 11.5 million documents detailing offshore entities owned by people from many countries. Macri was listed as a director of Fleg Trading from 1998 to 2009. He did not declare his involvement in 2007, when he became mayor, or in 2015, when he became president. Prosecutor Federico Delgado asked the judiciary to determine if Macri "maliciously failed to complete his tax declaration". Macri argued that he did not report his involvement because he was not a
stakeholder and did not receive money from it. The company was established by his father to run a failed Brazilian business. Macri owns other foreign accounts with properly-disclosed transactions, and said that he would file a judicial "declaration of certainty" to affirm his statements. A similar company, Kagemusha, was discovered several months later. It was established in 1981 by Franco Macri, with his then-22-year-old son as its vice president.
On 20 September 2017, civil judge Andrés Fraga determined that, in Fleg Trading Ltd, Mauricio Macri accepted the position of director for the sole and only effect of designating a replacement and resigning, and that in Kagemusha he did not even tacitly accept the position of director for which he was appointed by Franco Macri. The ruling added that he was not a shareholder in either of the two companies, that he did not receive any dividends or profits, did not participate in the business decisions, nor was he the owner or co-owner of any current bank account of the companies.
Detention of Milagro Sala
Gerardo Morales of the
UCR was elected governor of
Jujuy Province
Jujuy is a province of Argentina, located in the extreme northwest of the country, at the borders with Chile and Bolivia. The only neighboring Argentine province is Salta to the east and south.
Geography
There are three main areas in Jujuy ...
in the 2015 elections. Although the UCR was part of Cambiemos in federal politics, it was allied with
Sergio Massa in the province. Morales was the first non-Peronist governor in the province since 1983. He opposed activist
Milagro Sala, accusing her of leading a government parallel to that of
Eduardo Fellner. According to Morales, Sala led a violent and coercive group and children were forced to join her party to attend school. When he was elected governor, Morales ordered all organizations to operate though banks instead of on a cash basis to retain their legal standing. Sala began a protest in front of the government plaza, but most of her supporters accepted Morales's edict. Prosecutor Viviana Montiel asked local judge Raúl Gutiérrez to order Sala's arrest for causing a disturbance and encouraging crime. Gutiérrez agreed, and Sala was arrested on 16 January 2016.
After Sala's arrest, she was charged with embezzlement in connection with housing construction. Although her initial charges were dropped, she remained in jail on the later ones. The case generated international criticism, and the
United Nations
The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and internationa ...
and the
Organization of American States
The Organization of American States (OAS or OEA; ; ; ) is an international organization founded on 30 April 1948 to promote cooperation among its member states within the Americas.
Headquartered in Washington, D.C., United States, the OAS is ...
requested her release. Macri said that the case was under provincial, not federal, jurisdiction. Amnesty International considers "that Milagro Sala is being criminalized for peacefully exercising her rights to freedom of expression and protest" and, along with other human rights groups, have called for the granting of precautionary measures to guarantee the liberty of Milagro Sala, along with the exercise of freedom of expression and the right to social protest in Argentina. The
Supreme Court
In most legal jurisdictions, a supreme court, also known as a court of last resort, apex court, high (or final) court of appeal, and court of final appeal, is the highest court within the hierarchy of courts. Broadly speaking, the decisions of ...
refused to hear the case, which continues in the province.
Death of Santiago Maldonado
The
Benetton Group has territories at the
Chubut Province
Chubut ( from Tehuelche language, Tehuelche 'transparent'; ) is a provinces of Argentina, province in southern Argentina, situated between the 42nd parallel south (the border with Río Negro Province), the 46th parallel south (bordering Santa ...
, and the
Mapuche
The Mapuche ( , ) also known as Araucanians are a group of Indigenous peoples of the Americas, Indigenous inhabitants of south-central Chile and southwestern Argentina, including parts of Patagonia. The collective term refers to a wide-ranging e ...
indigenous people claim that those territories belonged to them. Facundo Jones Huala, from the
Resistencia Ancestral Mapuche group, was jailed because of violent protests, and a group of eight people organized a
picketing protest at the
National Route 40, advocating for his liberation. The road was completely blocked by stones, trees and fire. Judge Guido Otranto instructed the
Argentine National Gendarmerie (GNA) to clear the blockade and disperse the protesters. The protesters reacted violently, then escaped from the GNA. Some of them swam across the nearby
Chubut River and others hid in the adjacent forest.
One of those protesters was Santiago Maldonado, and his whereabouts were unknown after the incident. Kirchnerist and human-rights organizations considered that Maldonado was a victim of a
forced disappearance
An enforced disappearance (or forced disappearance) is the secret abduction or imprisonment of a person with the support or acquiescence of a State (polity), state followed by a refusal to acknowledge the person's fate or whereabouts with the i ...
, and posited that he could be the first victim of a wider plan of political repression. Other theories were proposed during the investigation: that he escaped to Chile, that he was hiding, or that he had been murdered some days before in an unrelated crime and was never in the protest at all (the protesters wore hoods). It was also proposed that he could have drowned, but the Mapuches held control of the area and impeded access by the GNA. When the GNA did enter the area, the corpse was found in the river. An autopsy confirmed his identity, that the body had no signs of blows or injuries, and that he died by asphyxia and hypothermia. The judicial case was closed a year later, as the judge ruled that there was no forced disappearance and that there was no further evidence pointing towards anything other than an accidental drowning.
ARA ''San Juan''
On 15 November 2017, the submarine
ARA ''San Juan'' (S-42) went missing. There were several irregularities both in the search process and in the communication with the families of those affected by the accident. The families started a judiciary process to establish the chain of responsibilities in the process. In a recent hearing, one of the accused stated that the government knew the location of the submarine and found it in 5 December 2017, but kept the finding secret until a year after, when on 16 November 2018, was communicated that the submarine was found.
2019 Bolivian political crisis
During the last days of his tenure as President, allegations of electoral fraud and subsequent protests occurred in
Bolivia
Bolivia, officially the Plurinational State of Bolivia, is a landlocked country located in central South America. The country features diverse geography, including vast Amazonian plains, tropical lowlands, mountains, the Gran Chaco Province, w ...
, leading to the
2019 Bolivian political crisis. This caused President
Evo Morales to resign and the military and police of Bolivia clashed with pro-Morales protesters, resulting in dozens of deaths from the engagement. The government of Macri immediately recognized the legitimacy of the interim presidency of
Jeanine Áñez and denied Morales asylum and also blocked Argentine air space for Morales's airplane to fly over Argentina in the bid to escape Bolivia to seek asylum in Mexico.
In July 2021, Bolivian Foreign Minister
Rogelio Mayta accused the Macri's government of providing weaponry to the Bolivian security forces which engaged in the Senkata and Secaba massacres. In the report, the government of
Luis Arce (who succeeded Áñez) also denounced Security Minister of Macri,
Patricia Bullrich, and other officials for the conflict.
The denounciation was based on a thank you letter from aviation general Jorge Gonzalo Terceros Lara. Lara denounced that the letter was a forgery, and that he resigned on 13 November 2019, the same day the alleged letter was sent.
His lawyer also pointed that anti-riot weapons would be useless for the aviation military, and would have made no sense for Lara to request them.
Former chancellor Karen Longaric pointed as well that if the shipment arrived in Bolivia the same day that Añez became president, it would have had to be prepared and sent while Morales was still president.
Longaric also pointed that, regardless of the wording, the letter does not mention war weapons but just police weapons, whose trade between nations in good standing is regular and non-controversial.
Personal life
His first wife was Ivonne Bordeu, daughter of race-car driver
Juan Manuel Bordeu. They had three sons: Agustina, Jimena and Francisco. After they divorced, Macri married model Isabel Menditeguy in 1994; Macri's father Franco requested a
prenuptial agreement. Although the marriage reached a crisis when Macri became chairman of Boca Juniors, they did not divorce until 2005. He began a romance with María Laura Groba which did not lead to marriage. Macri left Groba in 2010, after which began a relationship with businesswoman
Juliana Awada and married Awada that year. At the wedding reception, he wore a fake moustache as part of his impersonation of singer
Freddie Mercury
Freddie Mercury (born Farrokh Bulsara; 5 September 1946 – 24 November 1991) was a British singer and songwriter who achieved global fame as the lead vocalist and pianist of the rock band Queen (band), Queen. Regarded as one of the gre ...
. Macri accidentally swallowed the moustache, and Minister of Health
Jorge Lemus performed
first aid
First aid is the first and immediate assistance given to any person with a medical emergency, with care provided to preserve life, prevent the condition from worsening, or to promote recovery until medical services arrive. First aid is gener ...
to save his life. He is a very good
bridge
A bridge is a structure built to Span (engineering), span a physical obstacle (such as a body of water, valley, road, or railway) without blocking the path underneath. It is constructed for the purpose of providing passage over the obstacle, whi ...
player and represented Argentina at the 45th World Bridge Team Championships in 2022.
Electoral history
Executive
Legislative
Honours
National honours
* : Grand Master of the
Order of the Liberator General San Martín
* : Grand Master of the
Order of May
Foreign honours
* : Grand Collar of the
Order of the Southern Cross, awarded by
Michel Temer
Michel Miguel Elias Temer Lulia (; born 23 September 1940) is a Brazilian politician, lawyer and writer who served as the 37th president of Brazil from 31 August 2016 to 1 January 2019. He took office after the Impeachment of Dilma Rousseff, impe ...
** Grand Collar of the Order of Industrial Merit of São Paulo, awarded by the
Federation of Industries of the State of São Paulo
*: Grand Cross of the
Legion of Honour
The National Order of the Legion of Honour ( ), formerly the Imperial Order of the Legion of Honour (), is the highest and most prestigious French national order of merit, both military and Civil society, civil. Currently consisting of five cl ...
, awarded by
François Hollande
François Gérard Georges Nicolas Hollande (; born 12 August 1954) is a French politician who served as President of France from 2012 to 2017. Before his presidency, he was First Secretary of the Socialist Party (France), First Secretary of th ...
*: Grand Officer of
Order of the Star of Italian Solidarity, awarded by
Giorgio Napolitano
*: Knight Grand Cross with Collar of the
Order of Merit of the Italian Republic
The Order of Merit of the Italian Republic () is the most senior Italian order of merit. It was established in 1951 by the second President of Italy, President of the Italian Republic, Luigi Einaudi.
The highest-ranking honour of the Republi ...
, awarded by
Sergio Mattarella
Sergio Mattarella (; born 23 July 1941) is an Italian politician and jurist who has served as the president of Italy since 2015. He is the longest-serving president in the history of the Italian Republic. Since Giorgio Napolitano's death in 20 ...
* Grand Cordon of the
Order of the Chrysanthemum
*: Grand Cross of the
Order of the Aztec Eagle, awarded by
Enrique Peña Nieto
*: Knight Grand Cross of the
Order of the Netherlands Lion
The Order of the Netherlands Lion, also known as the Order of the Lion of the Netherlands (, ) is a Dutch honours system, Dutch order of chivalry founded by William I of the Netherlands on 29 September 1815.
The Order of the Netherlands Lion wa ...
, awarded by
Willem-Alexander of the Netherlands
Willem-Alexander (; Willem-Alexander Claus George Ferdinand; born 27 April 1967) is King of the Netherlands since 30 April 2013.
Willem-Alexander was born in Utrecht during the reign of his maternal grandmother, Queen Juliana, as the eldest ch ...
*: Grand Cross of the
Order of St. Olav, awarded by
King Harald V
*: Knight of the Collar of the
Order of Isabella the Catholic
The Royal Order of Isabella the Catholic (; Abbreviation, Abbr.: OYC) is a knighthood and one of the three preeminent Order of merit, orders of merit bestowed by the Kingdom of Spain, alongside the Order of Charles III (established in 1771) and ...
, awarded by
Felipe VI of Spain
Felipe VI (; Felipe Juan Pablo Alfonso de Todos los Santos de Borbón y Grecia; born 30 January 1968) is King of Spain. In accordance with the Spanish Constitution, as monarch, he is head of state and commander-in-chief of the Spanish Armed For ...
[
]
Ancestry
References
Bibliography
*
*
External links
Office of the President
Mauricio Macri's Official WebsiteOfficial FacebookBiography by CIDOB(in Spanish)
, -
{{DEFAULTSORT:Macri, Mauricio
1959 births
Living people
People from Tandil
Presidents of Argentina
Mayors of Buenos Aires
Argentine businesspeople
Argentine civil engineers
Argentine people of Italian descent
Argentine people of Paraguayan descent
Argentine people of Spanish descent
Argentine Roman Catholics
Argentine contract bridge players
Chairmen of Boca Juniors
Commitment to Change politicians
Republican Proposal politicians
Kidnappings in Argentina
People named in the Panama Papers
Presidents pro tempore of the Union of South American Nations
Members of the Argentine Chamber of Deputies elected in Buenos Aires
Columbia Business School alumni
People educated at Colegio Cardenal Newman
Collars of the Order of Isabella the Catholic
Grand Cross of the Legion of Honour
Argentine deputies 2005–2007