Lula transition team invites experts who helped stabilize Brazil economy in 1990s - sources
October 30, 2022. REUTERS/Amanda Perobelli
By Marcela Ayres
BRASILIA (Reuters) - Brazilian President-elect Luiz Inácio Lula da Silva's transition team has invited two economists, Persio Arida and Andre Lara Resende, who helped design the Real Plan that stabilized the economy in the 1990s, two sources with knowledge of the matter said on Saturday.
The sources, who spoke on condition anonymity, added that another economist Guilherme Mello, who leads the team drafting economic proposals for Lula at the leftist Perseu Abramo think tank, was also invited to the transition group.
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Lula has not yet said who will head the Finance Ministry in his government, causing broad speculation in the markets of Latin America's largest economy.
Vice President-elect Geraldo Alckmin had already stated that the transition team members would be announced on Monday. Some of them are expected to be further appointed by Lula to Cabinet posts.
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