Argentina President Alberto Fernandez Says He Won’t Seek Reelection
- Fernandez’s popularity waned as inflation surged on his watch
- Ruling coalition yet to float candidate for October vote
Alberto Fernandez
Photographer: Sarah Pabst/BloombergThis article is for subscribers only.
President Alberto Fernandez said he won’t run for reelection as Argentina faces over 100% inflation, upending a race within the ruling Peronist coalition to pick a candidate ahead of October elections.
“On December 10, 2023, 40 years after the nation returned to democracy, I will deliver the presidential sash to whomever is legitimately elected at the polls by popular vote,” Fernandez said in a video posted Friday on his Twitter account.