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Folha Report Former Finance Minister Mantega Resigns From Lula Transition Team

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  • BRAZIL'S MANTEGA RESIGNS FROM TRANSITION TEAM: FOLHA (BBG)
  • For reference, Lula had previously authorised his leftist former Finance Minister Guido Mantega, a close adviser for years, to write to the United States and IDB governors to seek support to delay the Nov. 20 IDB election.
  • President-Elect Lula's stance on the presidency of the IDB, Latin America's biggest development bank, coupled with recent comments focusing on social spending over fiscal discipline and questions about his economic team, had suggested that his leftist aides may be holding more sway, according to insiders and experts.
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  • BRAZIL'S MANTEGA RESIGNS FROM TRANSITION TEAM: FOLHA (BBG)
  • For reference, Lula had previously authorised his leftist former Finance Minister Guido Mantega, a close adviser for years, to write to the United States and IDB governors to seek support to delay the Nov. 20 IDB election.
  • President-Elect Lula's stance on the presidency of the IDB, Latin America's biggest development bank, coupled with recent comments focusing on social spending over fiscal discipline and questions about his economic team, had suggested that his leftist aides may be holding more sway, according to insiders and experts.