Brazilian Industry Laments Palocci’s Resignation and Calls for Serenity

Brazil’s National Industrial Confederation (CNI) lamented this Monday, March 27, the resignation of Antonio Palocci from the Brazilian Ministry of Finance.

According to the note, the ex minister conferred a serene and balanced attitude to the conduction of the economic policy.

The note emphasizes the positive aspects of Palocci’s administration and its international recognition. And it classifies as undesirable the "environment of instability and uncertainty" generated by facts that occurred prior to his heading the Ministry.

CNI believes it is important that President Lula reaffirms his commitment to preserving certain guidelines of the economic policy, and that both the country and the market receive the Minister’s replacement with serenity.

In other economic news, the Secretary of the National Treasury, Joaquim Levy, asked to be released from his position, this Tuesday, March 28, and accepted the invitation to integrate the Vice Presidency of Finance and Administration of the Inter-American Development Bank (IDB).

According to a note issued by the Press Service of the Ministry of Finance, the new Minister of Finance, Guido Mantega, has already accepted Levy’s request.

Agência Brasil

Tags:

You May Also Like

Brazil mining

It’s Time Brazil Depend Less on the US and Raw Material

"Brazil is not in charge of its own economy. When the world does good, ...

Brazilian musician Vinicius Dorin

Brazil’s Jedi Return

When Hermeto Pascoal played Los Angeles in 2004, I was curious to hear live ...

Brazil’s Zero-Misery Plan Gets US$ 12.6 Bi a Year to Lift 16 Million

Brazil Without Misery (Plano Brasil sem Miséria) was launched this Thursday by the administration ...

G4 Meets at Brazil’s Embassy in London to Discuss UN Reform

On Friday night, July 8, Germany, Brazil, India and Japan made progress in their ...

“Don’t Evict Us! Kill Us and Bury Us Here Instead,” Say Brazilian Indians to the Courts

A group of Brazilian Indians who endured violence and death to return to their ...

Bahia’s Dr. Faustus

When Curitiba, a city on the southern state of Paraná, does something the world ...

The Smartest Thing China Could Do Right Now: Invest US$ 200 Billion in Brazil – Part 4

Brazil’s unique resource is not oil, or ethanol – it is its vast supply ...

Brazil’s GDP Fall, Worse Than Bad News

The announcement by the Brazil’s statistics bureau, the IBGE, that the Brazilian GDP growth ...

No More Rigid Coalitions: Brazilian Congress Ends Party Piggybacking

By a vote count of 329 to 142, Brazil’s Chamber of Deputies approved, Wednesday, ...

Progressive Rock & Jazz Fusion – A Short History

Progressive Rock is an elusive term applied to that type of rock music that ...