Alfonso Prat-Gay

Argentina  |  Former Minister of Economy and Finance of Argentina

Former National Deputy from the City of Buenos Aires, Former President of the Central Bank of Argentina

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Alfonso Prat-Gay was Minister of Treasury and Finance of Argentina from 2015 until 2016. Previously, he was a member of Congress (2009-2013), and president of the Central Bank of Argentina (2002-2004).

In 1994, Prat-Gay joined JPMorgan in New York and went on to work for the bank in its Buenos Aires and London branches until 2001. Back in Buenos Aires, he co-founded APL Economía, an economic consulting firm. In December 2002, he was named president of the Central Bank of Argentina and served until September 2004. He won the 2004 Euromoney Central Bank Governor of the Year award for his work. In the 2009 congressional election, Prat-Gay led the Civic Coalition’s party list for the city of Buenos Aires and was elected to the House. In Congress, he worked on projects such as increasing banking security, preventing money laundering and drug trafficking, and an extensive deregulation of the Argentine financial system.

As the first Finance Minister of the Macri Administration, he removed all capital controls within a week of taking office and brought to an end a 14-year period of sovereign default with private creditors by striking a deal in the NY courts. His tax amnesty bill delivered more than 20 percent of GDP worth of previously undeclared assets. These early successes secured him another Euromoney award (Finance Minister of the Year 2016).

Prat-Gay earned a degree in economics from the Universidad Católica Argentina in 1989. He is a PhD candidate at the University of Pennsylvania, where he earned his Master’s Degree in Economics in 1994.

 

Prat-Gay joined the Dialogue as a Member in 2010.

 


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