He previously served as 5th Chief of Government of Buenos Aires from to , and was a member of the Chamber of Deputies representing Buenos Aires from to Ideologically, he identifies himself as a liberal and conservative on the Argentine centre-right. After embarking on a business career, he was kidnapped in The experience prompted him to enter politics, after being released by his captors.
He served as president of football club Boca Juniors from to , reestablishing its profitability which raised his public profile. Following an unsuccessful bid for Chief of Government of Buenos Aires in , Macri was elected in and won re-election in Four years later he was elected president of Argentina in the general election β the first presidential runoff ballotage in Argentinian history.
Macri became the first incumbent president to lose reelection to a second term during the general election. 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.
Domestically, he pursued moderate socially liberal policies, and liberalized the energy sector. His legislative pursuits varied in efficacy and received mixed reception from Argentines and globally.
His presidency has been criticized for failing to materially reform the economy [15] [16] while receiving praise for leaving a legacy of anti-corruption [17] and increasing Argentina's sovereign marketability. Born in Tandil, Buenos Aires Province , Macri is the son of Franco Macri , a prominent Italian businessman in the industrial and construction sectors, and was raised in an upper class home. Although Macri was a potential presidential candidate in the general elections , he ran instead for re-election as mayor.
