[4] In this role, he steered the country's finances through the turbulent Great Recession, implementing moderate countercyclical policies to soften the impact of the global economic downturn.
[16] He then worked as Director of the Division of Economic Development at ECLAC in Santiago, Chile, where he conducted research on macroeconomic challenges and fiscal reform in Latin America and the Caribbean.
[21] On 13 February 2018, Fuentes was detained, alongside all other members of President Álvaro Colom's Cabinet, as part of a corruption investigation dating back to his time in government.
Fuentes Knight cited political persecution as the reason for his departure, stating that this decision was made to prevent further repercussions on the Movimiento Semilla party and to shield himself from what he described as arbitrary legal actions.
[25] He emphasized that he has consistently complied with all legal requirements over the past five years, including attending all court hearings, to demonstrate his innocence and that of his colleagues involved in the same case.