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Cabinet Resignation

All articles tagged with #cabinet resignation

politics2 years ago

Colombian President Petro shakes up cabinet, causing market turbulence.

Colombian President Gustavo Petro has called for his entire Cabinet to resign and announced that three parties will leave his governing coalition. The reshuffle follows Petro’s frustration with the way Congress has handled his proposed health care reform. The departure of Finance Minister José Antonio Ocampo is likely to make markets especially nervous. The rupture of the coalition with traditional and more moderate parties will hurt the administration’s political leverage and governability. Petro’s government will be far less willing to incorporate moderate public policy proposals.

politics2 years ago

Colombian President Petro shakes up cabinet, appoints new finance minister.

Colombian President Gustavo Petro has asked his coalition cabinet to resign as he seeks to reshuffle various ministers after his flagship health reform failed to reach the debate stage in the House of Representatives. Petro, Colombia's first leftist president, has faced opposition from centrist and right-wing parties in his cabinet, leaving him unable to fulfill his promises of reforming healthcare, labor laws, pensions, and the judiciary. The planned cabinet reshuffle has been criticized by opponents and allies alike, creating an "unprecedented crisis."