The president of Mexico, Andrés Manuel López Obrador, called the election of Brazilian Ilan Goldfajn as president of the IDB (Inter-American Development Bank) “regrettable” this Monday (21), stating that the decision “is more of the same”.
“It is regrettable that this continues to happen, there are no changes,” López Obrador said in his usual morning conference, after Goldfajn was nominated on Sunday with 80% of the votes of IDB partners.
The election of the Brazilian meant the defeat of the Mexican candidate, Gerardo Esquivel, a left-wing economist who is deputy governor of his country’s central bank.
“There is no change in the election of the director of the IDB. It is more of the same. It is what has been applied throughout the neoliberal period. [os presidentes] agree with the approval of the United States,” added López Obrador.
“He is a member of the economic-financial group closely linked to conservatism and, above all, to the neoliberal policy promoted by the US government. (…) There is no hope for the peoples of Latin America and the Caribbean”, he highlighted, referring to It also joins the OAS (Organization of American States) and the IMF (International Monetary Fund).
Voting power to elect the head of the IDB varies according to the number of shares in each country. The three main contributors are the United States (30% of the capital), Brazil and Argentina (11.4% each).
After his election, Goldfajn pledged to focus on tackling poverty and climate change.
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