Economic news

Brazil seeks international support for IDB presidency, says Guedes

2022.10.15 09:53


Brazil seeks international support for IDB presidency, says Guedes

Budrigannews.com – Brazilian Economy Minister Paulo Guedes said the government is seeking international support for the country’s nominee to head the Inter-American Development Bank (IDB), expected to be presented in the coming days, but whose name he did not reveal.

The election for Latin America’s largest development bank presidency will take place on Nov. 20 after the ouster of Mauricio Claver-Carone of the United States following an ethics scandal. President Joe Biden’s administration has already said it will not nominate a candidate again.

In a press conference on Friday afternoon in Washington, after attending the International Monetary Fund meetings, Guedes said he had revealed the Brazilian nominee to U.S. Treasury Secretary Janet Yellen in an informal conversation and that it pleased her.

The topic was also discussed with Colombia and Chile this week, but with no mention of the nominee, said the minister.

“We think whoever headed the bank cannot preside again before Brazil. Brazil has been watching for 63 years and has never presided. We think we deserve it, we have a representative GDP, we are a strong economy,” he said.

Guedes said he favors a five-year term with vetoed reelection for the IDB, a major investor in Latin America and the Caribbean, providing $23.4 billion in financing and other financial commitments in 2021.

The Brazilian candidate will not be associated with a political position, added the minister. On Oct. 30, leftist former President Luiz Inácio Lula da Silva and right-wing incumbent Jair Bolsonaro will contest a presidential election run-off.



Source link

Brazil seeks international support for IDB presidency, says Guedes

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,718.45 0.30%
ethereum
Ethereum (ETH) $ 3,345.58 0.74%
tether
Tether (USDT) $ 1.00 0.04%
solana
Solana (SOL) $ 257.65 1.86%
bnb
BNB (BNB) $ 645.25 1.40%
xrp
XRP (XRP) $ 1.55 10.51%
dogecoin
Dogecoin (DOGE) $ 0.443063 12.18%
cardano
Cardano (ADA) $ 1.08 23.74%
usd-coin
USDC (USDC) $ 1.00 0.06%
staked-ether
Lido Staked Ether (STETH) $ 3,344.12 0.77%
avalanche-2
Avalanche (AVAX) $ 44.59 22.82%
tron
TRON (TRX) $ 0.206889 2.98%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 9.56%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,663.43 0.05%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,971.84 0.54%
the-open-network
Toncoin (TON) $ 5.55 0.06%
stellar
Stellar (XLM) $ 0.43431 51.69%
bitcoin-cash
Bitcoin Cash (BCH) $ 534.49 8.50%
chainlink
Chainlink (LINK) $ 16.68 10.46%
polkadot
Polkadot (DOT) $ 7.28 17.96%
sui
Sui (SUI) $ 3.54 2.51%
weth
WETH (WETH) $ 3,344.48 0.68%
pepe
Pepe (PEPE) $ 0.000021 3.93%
leo-token
LEO Token (LEO) $ 8.51 2.67%
litecoin
Litecoin (LTC) $ 101.23 12.19%
near
NEAR Protocol (NEAR) $ 6.15 6.43%
aptos
Aptos (APT) $ 12.60 4.12%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,521.37 0.68%
uniswap
Uniswap (UNI) $ 10.18 8.82%
hedera-hashgraph
Hedera (HBAR) $ 0.149371 14.75%
internet-computer
Internet Computer (ICP) $ 11.07 14.92%
usds
USDS (USDS) $ 0.996313 0.41%
crypto-com-chain
Cronos (CRO) $ 0.188852 3.89%
ethereum-classic
Ethereum Classic (ETC) $ 29.20 4.97%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.523655 12.03%
render-token
Render (RENDER) $ 7.64 3.17%
kaspa
Kaspa (KAS) $ 0.156344 3.80%
bittensor
Bittensor (TAO) $ 524.32 2.90%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
bonk
Bonk (BONK) $ 0.000049 5.69%
whitebit
WhiteBIT Coin (WBT) $ 24.64 0.66%
mantra-dao
MANTRA (OM) $ 3.91 0.44%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.32 3.06%
dai
Dai (DAI) $ 0.99979 0.04%
arbitrum
Arbitrum (ARB) $ 0.812249 4.93%
dogwifcoin
dogwifhat (WIF) $ 3.28 2.78%
vechain
VeChain (VET) $ 0.039537 22.12%
blockstack
Stacks (STX) $ 2.04 4.73%
cosmos
Cosmos Hub (ATOM) $ 7.77 18.56%
monero
Monero (XMR) $ 163.60 2.01%