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Montevideo, November 24th 2024 - 12:11 UTC

Tag: Henrique Meirelles

  • Thursday, February 8th 2018 - 09:37 UTC

    Brazilian ex president Collor de Mello throws hit hat into the ring

    Senator Fernando Collor de Mello, Brazil’s president from 1990-1992, had to resign shortly before being impeached on corruption charges.

    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.

  • Wednesday, January 31st 2018 - 09:06 UTC

    Pension reform dispute between Brazil's Executive and Congress

    Congress leader Maia and Temer disagree regarding the better moment to vote the pension reform in the House.

    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.

  • Tuesday, January 16th 2018 - 09:44 UTC

    Meirelles brushes aside impact of S&P's lower rating: 'growth will continue'

    “The reaction to the rating is greater than the rating itself,” Meirelles said. “The question is, ‘Will this have an impact on growth?’, ‘No, growth will continue.'”

    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%.

  • Wednesday, January 3rd 2018 - 10:12 UTC

    Brazil finished 2017 with a record trade surplus of US$ 67bn

    Economy Minister Henrique Meirelles said the improvement was owed to better “fiscal control, a freeze on public spending and reforms in general.”

    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.

  • Sunday, December 31st 2017 - 10:27 UTC

    Brazil denies any hypothesis of credit rating downgrade

    Brazil's Treasury Secretary Ana Paula Vescovi said the government does not work on the hypothesis of a rating downgrade by the main credit rating agencies

    “The government does not work on the hypothesis of a rating downgrade by the main credit rating agencies”, said Brazil's Treasury Secretary Ana Paula Vescovi during an interview to release the primary results of the Central Government.

  • Friday, December 15th 2017 - 10:50 UTC

    Brazil postpones until February 19 vote on bill to reform pensions system

    House Speaker Rodrigo Maia announced on Thursday the decision, pushing a decision on the cornerstone of President Michel Temer’s fiscal reforms

    The lower house of Brazil’s Congress will delay a vote on a bill trimming social security benefits until Feb. 19, Speaker Rodrigo Maia said on Thursday, pushing a decision on the cornerstone of President Michel Temer’s fiscal reforms into an election year.

  • Tuesday, October 31st 2017 - 08:16 UTC

    Meirelles again mentioned as candidate for a presidential ticket next year

    Meirelles said he had been asked to be a vice presidential candidate in 2010 and 2014 and found the position “interesting.”

    Brazil's Finance Minister Henrique Meirelles insisted on Monday that he is not planning to run for president and told a business meeting he could consider being a vice presidential running mate.

  • Friday, October 13th 2017 - 12:59 UTC

    Meirelles optimistic about congressional approval of pensions' reform

    “I think there’s a very good chance of having that approved this year, which is more convenient than next year,” Meirelles said.

    Brazilian Finance Minister Henrique Meirelles said on Thursday “there’s a very good chance” that the country’s proposed pension reform bill will be approved by the end of the year. Addressing a question-and-answer session at an Institute for International Finance meeting in Washington Meirelles said that it would be simpler to pass the bill this year than next year because of political challenges that could come with Brazil’s upcoming presidential election in October 2018.

  • Thursday, October 5th 2017 - 10:55 UTC

    Brazil' finance minister eyeing to run for president in 2018

    The finance minister’s potential candidacy adds to political uncertainty ahead of a presidential election marked by a strong anti-establishment climate

    Brazil’s Finance Minister Henrique Meirelles has hired social media experts to boost his image ahead of the 2018 election, the Sao Paulo, Brasilia and Rio do Janeiro media have anticipated, the sign yet that the former banker is seriously eyeing a run for president.

  • Wednesday, August 30th 2017 - 08:35 UTC

    Meirelles expects the Brazilian economy to grow between 2.5% and 3% in 2018

    “Our expectation is that next year will give us a rate of growth above 2.5%, possibly at around 3%,” Meirelles said.

    Brazil's Finance Minister, Henrique Meirelles, said on Monday that he expects the economy to grow “at around 3%” in 2018. His statement was made a few minutes after a ministerial meeting at the Planalto Palace, at a time when the government is preparing itself to confront a new charge against President Michel Temer.