Economy

Elected presidents gave priority to the economic area in the 1st announcement of ministers; remember

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Since redemocratization, elected presidents have given priority to the economic area to announce the top echelon of the federal government.

Lula, Dilma Rousseff and Jair Bolsonaro announced their finance or economy ministers among the first names of their teams, during or after the election.

This Friday (9), the PT should announce Fernando Haddad in charge of the Ministry of Finance as of January 1, in addition to four other top names.

FHC initially confirmed the Social Security portfolio, after a leak, and then the holders of the Treasury and the Central Bank, also after the information was anticipated by the Sheet🇧🇷

Fernando Collor was an exception: he appointed first the occupant of the Justice portfolio and then the military ministers in the governmental transition period, since the economic plan to contain inflationary indices was still in preparation.

The Minister of Economy, Zélia Cardoso de Mello, was only announced on March 1, just 15 days before taking office that year.

Jair Bolsonaro (PL) nominated Paulo Guedes for the Economy, the ministry that brings together Planning and Finance, on October 11, 2018, days after the first round of the elections, when he reached the second round in first place in the dispute against Fernando Haddad (PT).

On the same day, he said in an interview that he would also nominate Onyx Lorenzoni (PL), his colleague in the Chamber of Deputies, to the Civil House, and reserve general Augusto Heleno to Defense —who, however, ended up occupying the GSI ( Institutional Security Office).

In 2010, after defeating José Serra (PSDB), Dilma Rousseff (PT) announced her first ministers on December 2: Guido Mantega for Finance, Miriam Belchior for Planning and Alexandre Tombini for the presidency of the Central Bank.

In 2014, after defeating Aécio Neves (PSDB) and with the poor performance of public accounts in the year, the PT announced on November 27 Joaquim Levy for Finance, in addition to keeping Tombini in BC and choosing Nelson Barbosa for Planning.

Levy and Barbosa had a more orthodox profile and the objective of recovering the government’s fiscal surplus, which led to criticism of Dilma by sectors on the left, who preferred more heterodox options.

In 2002, Luiz Inácio Lula da Silva (PT) defeated Serra and created a mystery for the ministerial composition after the market’s distrust of the future government. On December 10th, announced AntĂ´nio Palocci for Finance and Marina Silva for the Environment.

Two days later, he appointed Henrique Meirelles to the Central Bank, which calmed economic expectations and indicated orthodoxy in Brazilian monetary policy, with inflation containment and fiscal responsibility.

Report by Sheet mapped the rhythm of nominations by the petista, which took more than a month to announce the first names to compose his ministry. For the second term, Lula did not change the ministry, altering the Esplanada during the government.

Fernando Henrique Cardoso (PSDB), after defeating Lula in 1994, stated that Paulo Renato Souza would be one of his ministers, but said he did not know which position he would be in.

At the time, it was considered that he could be allocated to Planning, but he ended up in Education.

FHC still tried to announce all the holders of the Esplanada dos Ministérios at the same time, but the first names ended up leaking and were confirmed by the toucan.

The first of them was Reinhold Stephanes, for the Social Security portfolio. Then a report from Sheet anticipated the appointment of Pedro Malan to the Treasury, which was confirmed by the then president-elect.

The movement of newspapers irritated FHC, who started to call speculations and leaks the “Gutenberg ministry”, in reference to Johannes Gutenberg, who invented the press and made the production of printed matter possible.

The toucan did not want to generate conflicts between Malan and the holder of the economic area in the government of Itamar Franco, Ciro Gomes — the economist was president of the BC and answered to Ciro, and the announcement generated a change of influence between the boss and his subordinate.

Even so, the names leaked by the media and confirmed by FHC were well regarded by the market and by most of the political elites, especially for the indication of the deepening of the Real Plan.

Already in the second term, the strategy worked, and Fernando Henrique announced all the changes in his first echelon simultaneously — there were few nominees, and the economic area was not changed.

The appointment of ministers serves in several ways for an elected president, such as signaling to sectors of society and interest groups, but the speed of appointment also depends on alliances and the formation of a coalition to govern.

First announcements by ministers

  • Fernando Collor (1990-92) (**)

Bernardo Cabral (15.jan.1990), Minister of Justice

Fernando Henrique Cardoso

  • First term (1995-98) (***): Reinhold Stephanes (26.Nov.1994), Minister of Social Security, brought forward by the Sheet
  • and confirmed by FHC Pedro Malan (4.Dec.1994), finance minister brought forward by the Sheet
  • and confirmed by FHC JosĂ© Serra (14.Dec.1994), Minister of Planning anticipated by the Sheet

and confirmed by FHC Second term (1999-2002):

  • no changes in the economic team
  • Celso Lafer (22.Dec.1998), Minister of Development
  • Luiz Carlos Bresser Pereira (23.Dec.1998), Minister of Science and Technology
  • Pimenta da Veiga (23.Dec.1998), Minister of Communications

Francisco Dornelles (23.Dec.1998), Minister of Labor

Lula

  • First term (2003-06): Antonio Palocci
  • (10.Dec.2002), Minister of Finance Marina Silva
  • (10.Dec.2002), Minister of the Environment JosĂ© Dirceu🇧🇷
  • 12.Dec.2002), Minister of the Civil House

Henrique Meirelles (12.Dec.2002), President of the Central Bank Second term (2007-2010):

no changes before ownership

Dilma Rousseff

  • First term (2011-14):
  • Guido Mantega (2.Dec.2010), Minister of Finance
  • Miriam Belchior (2.Dec.2010), Minister of Planning

Alexandre Tombini (2.Dec.2010), President of the Central Bank

  • Second term (2015-16):
  • Joaquim Levy (27.Nov.2014), Minister of Finance
  • Nelson Barbosa (27.Nov.2014), Minister of Planning

Alexandre Tombini (27.Nov.2014), President of the Central Bank

  • Bolsonaro (2019-22)
  • Paulo Guedes (11.Oct.2018), Minister of Economy
  • Onyx Lorenzoni (11.Oct.2018), Minister of the Civil House

General Augusto Heleno (11.Oct.2018), Minister of Defense

Fernando Collor took office on March 15, 1990; that of the others, on January 1st

(**) The Minister of Economy(***) Before announcing the prime ministers19901994 that Paulo Renato Souza would be on the Esplanadabut without defining his position; on 21.dec.1994Dilma Rousseffelectionsfernando henrique cardosoFHC even said on November 6government transitionhe was appointed Minister of EducationimpeachmentJair BolsonaroLulapolicyPSDBleafPTwas announced by Collor only on March 1Zélia Cardoso de Mello

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