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BackWhen choosing the Farm, Lula repeats the 2022 script
When choosing the Farm, Lula repeats the 2022 script
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Folha Mercado13 minutes agoPolitics2 min readBrazilView original

When choosing the Farm, Lula repeats the 2022 script

President postpones announcement of name and maintains speculation, as in transition to third term

Quick Look

  • Lula repeats the 2022 script when choosing the Finance Minister, letting speculation run wild before announcing the name, as he did with Haddad in December 2022.
  • Meeting with economists at Palácio da Alvorada and trip to the COP in Turkey mirror the previous transition period.

AI-generated summary

Why It Matters

In the transition to Lula 3, the president announced Fernando Haddad as Minister of Finance only on December 9, a month and a half after the election on October 30, 2022. At the time, Lula met with economists at the Palácio da Alvorada and traveled to the Egypt COP with Haddad.

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Geraldo Alckmin, Rafael Fonteles, Dario Durigan, Bruno Moretti and Fernando Haddad version no. 2. Regardless of the names that have been mentioned on the betting exchange to command the Ministry of Finance, Lula only watches and — until now — repeats the 2022 script.

During the government transition to Lula 3, the president let speculation surrounding the names for the portfolio run wild and only a month and a half after the election results officially announced Haddad as minister.

Lula was elected on October 30th and his name was only confirmed on December 9th.

The president's meeting with economists and government ministers, which took place this week at Palácio da Alvorada, was also a repeat of that frantic period of preparation for Lula's return to Palácio do Planalto.

On November 30, 2022, Lula met with André Lara Resende, Nelson Barbosa, Guilherme Mello, Pérsio Arida, as well as Gabriel Galípolo, who at that time was considered to head the BNDES. The bank remained in the hands of Aloizio Mercadante.

Also present at the meeting were Alckmin, who coordinated the transition, Gleisi Hoffmann, Mercadante and Haddad.

At the time, Lula also wanted to hear from economists a broad assessment of the economic scenario, the main challenges and the conditions for Brazil to resume growth.

Reports about the meeting, with the exception of a few names, said the same as this week's reports: according to reports collected, there were no decisions, but dialogue.

Just copy and paste.

The economic discussion in the PT and on the left was also not very different from today: the promotion of polarization between the adjustment of public accounts and social policies.

As now, the review was that the mandate given by the population at the polls gave Lula the power to fight against the trap of fiscal adjustment, as members of the left wrote in Folha.

In the 2022 transition, Lula traveled to the COP in Egypt and took Haddad along. The behind-the-scenes story points out that it was on this trip that the president agreed on the name for the Treasury.

Now, Lula is also going to the COP, in Türkiye. What is missing is the freshness of a new government.

What to Watch

AI outlook — possibilities, not facts

  • Lula will announce the name of the Finance Minister after his trip to the COP in Türkiye

    Possible · Within weeks

Open Questions

  • Who will be the next Finance Minister?
  • When will Lula announce the name?
  • What decisions were made at this week's meeting with economists?

Related Topics

This article was originally published by Folha Mercado.

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