He must also convince a jittery public to stop draining their cash from the creaking banking system for fear their savings will soon be worthless.
The central bank extended a banking and foreign exchange holiday decreed last Friday until yesterday, which coupled with continued limits on cash bank withdrawals should help stem the deposit outflow for now.
The transition government of Peronists -- who ran the South American country of 36 million people from 1989-99 -- aims to jump-start an economy that has not grown for four years by diverting money previously meant to service the public debt pile to social and work programs.
So far the government has announced 10,000 new jobs for the military, as well as 20,000 new jobs for the country's wealthiest but most heavily indebted province, Buenos Aires.



