Brazil’s Central Bank’s Chief Keeps Post and Autonomy

Brazzil Magazine covers

At the inauguration ceremony of Brazil’s new Minister of Finance, Guido Mantega, Tuesday, March 28, the president of the Brazilian Central Bank (BC), Henrique Meirelles, said that he will continue in his post.

Meirelles remarked that he met with President Luiz Inácio Lula da Silva, who "reaffirmed the autonomy of the Central Bank and our opportunity and duty of fulfilling our mission and continuing the work we have been doing in the Central Bank."

Meirelles said that he congratulated Mantega on his appointment. "We are going to be colleagues once again," Meirelles remarked. He and Mantega worked together as members of the National Monetary Council (CMN).

In an interview after assuming his new office, Mantega reaffirmed that Meirelles would keep his job.

"The differences we had at meetings of the CMN were incidental. I don’t recall that we disagreed," he affirmed.

He also commented that he will maintain a permanent dialogue with the president of the BC. Mantega observed that the autonomy of the BC is guaranteed too.

ABr

Tags:

You May Also Like

Brazzil Magazine covers

Brazil’s Isolated Amazon Indians Are a Link to the Past and a Life Lesson

What is it about the recent photographs of the “uncontacted” indigenous tribe of the ...

Brazzil Magazine covers

Two Peruvian Pilots Killed in War Games Between Brazil and Neighbors

The Brazilian Air Force informed that Sunday Morning (August 20th), an aircraft A-37 from ...

Brazzil Magazine covers

Only Huge Mass Mobilizations Will Bring Change, Says Brazil’s Landless Leader

The main leader of Brazil’s Movement of Landless Rural Workers (MST), João Pedro Stédile, ...

Brazzil Magazine covers

Brazil’s Embraer Sells Its First E-Jets to a Brazilian Airline

Brazilian airline BRA Transportes Aéreos signed a contract with Brazil's Embraer to buy 20 ...

Brazzil Magazine covers

Mind Straitjacket

Brazilian scholars ape foreign trends in order to be seen as more up-to-date. This ...

Brazzil Magazine covers

Brazil and Argentina Presidents to Meet Twice a Year from Now On

Following a meeting of President Luiz Inácio Lula da Silva and the President of ...