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Brazilian Finance Minister Joaquim Levy Replaced

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Brazilian President Dilma Rousseff replaced her Finance Minister, Joaquim Levy, on Friday and appointed Nelson Barbosa, to head the government’s economic team. Until yesterday Barbosa had been the country’s Planning Minister. Local media report that Levy asked to be relieved of his duties after almost a year as head of Brazil’s economy.

In his first press conference as Finance Minister, Barbosa reiterated that he will maintain the Subscribe to our Premium Membership Plan. Already Subscribed?

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