Brazil's Lula wants seasoned politician to run economic policy if he wins, advisers say & More News Here

Former President Luiz Inacio Lula da Silva participates within the a hundredth anniversary occasion of the Communist Party of Brazil (PCdoB), in Niteroi close to Rio de Janeiro, Brazil March 26, 2022. REUTERS/Ian Cheibub

BRASILIA, April 20 (Reuters) – Former Brazilian President Luiz Inacio Lula da Silva, who leads opinion polls for October’s election, wants to recruit a former governor or different seasoned politician to run economic policy if he wins, shut advisers to the leftist chief advised Reuters.

The advisers, together with Lula’s former Finance Minister Guido Mantega, stated his interior circle has speculated {that a} handful of Workers Party compatriots with statehouse expertise may match the invoice – however Lula himself has not weighed in.

“Lula never talks about names, it is too early for that. He has a profile. He wants a politician, someone who has good relations with Congress, but who knows the economy and public finances,” stated a senior adviser to Lula, requesting anonymity.

“He doesn’t want an academic and, definitely, he does not want someone from the financial market,” the individual added.

That marks a pointy distinction with present Economy Minister Paulo Guedes, an economist and investor with out prior political expertise tapped by far-right President Jair Bolsonaro early in his 2018 marketing campaign. Guedes’ daring plans for privatizations and pro-business reforms drew early cheers from the non-public sector however have struggled for traction within the capital Brasilia.

Lula’s press workplace declined to touch upon who would run economic policy ought to he be elected to a 3rd time period. Lula served two phrases from 2003 to 2010.

It wouldn’t be the primary time Lula faucets a politician for the duty. He made Antonio Palocci, a doctor and former mayor from the inside of Sao Paulo, his first finance minister, incomes the approval of lawmakers and traders alike.

Mantega confirmed to Reuters that over lunch with enterprise leaders this week he floated a number of names that might match that political profile, together with Bahia Governor Rui Costa, former Piaui Governor Wellington Dias and former Ceara Governor Camilo Santana, all of whom are members of Lula’s Workers Party.

Mantega additionally cited Pernambuco Governor Paulo Câmara, of the Brazilian Socialist Party (PSB) not too long ago joined by former Sao Paulo Governor Geraldo Alckmin – a center-right political veteran chosen as Lula’s operating mate to woo average voters.

The web site of newsmagazine Veja first reported the feedback by Mantega.

“I simply mentioned some politicians’ names. I didn’t even mention them all because there are many qualified to be finance ministers,” Mantega stated.

Still, three different advisers to Lula, who requested not to be recognized, agreed these 4 politicians had the form of expertise Lula seeks, with an eye fixed towards constructing help in Congress for his economic agenda.

Whatever the selection, they agreed it might be a very long time earlier than Lula makes a proper designation, because the ex-president is keen to be his personal spokesman for economic points on the marketing campaign path.

“To talk about forming a government now is to be overconfident. It is not Lula’s style, he knows there is a long road ahead of us,” stated one marketing campaign supply.

Reporting by Marcela Ayres and Lisandra Paraguassu
Editing by Brad Haynes and Grant McCool

Our Standards: The Thomson Reuters Trust Principles.

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