Brazilian President Michel Temer has officially nominated eleven new ministers, the government's official bulletin said, giving continuity to the government's reform program ahead of the general elections in October.
More than one-third of the ministers in Temer’s cabinet are expected to resign this week to campaign in the 7 October general elections. The most outstanding figure of the lot is Finance minister Henrique Meirelles who is tipped to become the ruling PMDB presidential candidate, following his success in putting the Brazilian economy back on a growth track.
Brazil's Finance Minister, Henrique Meirelles, will step down from the government this week and join the ranks of the ruling Brazilian Democratic Movement Party, senior government officials said. The news of Meirelles' move was broken by the government's chief of staff, Eliseu Padilha.
Incumbent president Michel Temer and candidates for this year's elections Henrique Meirelles (PSD), Manuela d'Avila (PCdoB), Marina Silva (Rede), Guilherme Boulos (PSOL) and Geraldo Alckmin (PSDB) Wednesday condemned the attack against the caravan of former President Luiz Inacio Lula da Silva (PT) in the south of the country.
Support for a presidential run by Brazil Finance Minister Henrique Meirelles is gaining strength within the country’s largest party and he could be nominated over President Michel Temer for the October presidential race, party officials said.
Finance Minister Henrique Meirelles said on Wednesday that he is focused on Brazil’s economic recovery and not thinking at this time of running for president in the October election, though he might consider a bid in April.
Among the many possible contenders for Brazil’s next president are an ex-army captain, a TV presenter and a former head of state who may be in jail by the time of the election. Now, another eye-catching candidate has thrown his hat into the ring: Fernando Collor de Mello, Brazil’s president from 1990-1992, when he resigned shortly before being impeached on corruption charges.
Brazilian Finance Minister Henrique Meirelles said on Monday that although there may be differences in strategy between president Michel Temer and the speaker of the House of Representatives, Rodrigo Maia, everyone's goal is to ensure the approval of the pension reform.
Brazilian Finance Minister Henrique Meirelles said that a recent decision by Standard & Poor’s to cut the nation’s credit rating will not affect 2018 economic growth. Speaking to journalists in Rio de Janeiro, Meirelles added that he was expecting close to 2.5 million jobs to be created in Brazil this year and GDP growth of around 3%.
Brazil's road to economic recovery has passed another milestone with official data showing on Tuesday that the country finished 2017 with a record trade surplus 40.5% higher than in the previous year. The US$67 billion surplus was in line with market projections and within the US$65/70bn range forecast by the government.