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.
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.
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.
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.
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.
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.
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.