News Desk: The South American country Argentina is in the midst of rising inflation, debt burden and various economic crises. The country's finance minister, Martin Guzman, has resigned as the economic crisis deepens. The BBC reports that Martin Guzman became Argentina's finance minister in 2019. Since then, he has led talks with the International Monetary Fund (IMF) on restructuring the country's debt. After his resignation, Guzman called for a "political agreement within the ruling coalition" to elect a successor. Argentina's economy is in a state of disarray. The country's current inflation rate is 60 percent. Rising global food and fuel prices have exacerbated the crisis in the country. The country is struggling to survive with this extreme crisis. Guzman resigned after a week of economic turmoil as the Argentine peso depreciated against the dollar. His resignation is expected to plunge the country's economy into uncertainty. In a letter to President Alberto Fernandez over the country's crisis, Guzman hinted at an internal split in the government. But the issue of division is not a secret. President Fernandez has already discussed the issue with Deputy President Cristina Fernandez de Kirchner. The two have consulted to address the country's economic problems. In fact, the announcement of Guzman's resignation came as the country's deputy president was addressing a meeting criticizing his government's economic policies. Christina Fernandez was the country's president from 2008 to 2015. He is generally critical of what he sees as the government's failure to reduce Argentina's financial burden.