Joaquim Levy is the chairman of BNDES


Former Finance Minister Joaquim Levy is the new chairman of the National Bank for Economic and Social Development (BNDES). The plate is currently draining boxes at Washington's multilateral college headquarters to move to Rio, replacing the Brazilian Development Bank Dyno Oliveira.

According to a source formed by the chairman of the elected president's board, Jair Bolsonaro, Levy would take on a promise to expand BNDES's interaction with multilateral agencies such as the World Bank and the American Development Bank. Possible partnerships with the Brazilian bank to raise funds at these institutions would make it possible for the sum to be returned to the state next year.

The official signature of the album must be today and tomorrow. A economist who lives in the United States today suspects that he accepted an invitation for a family – who would not return to Brazil immediately – but ended up saying yes.

Liberal. Appointment of the record could be considered a liberal economic prospect that will be led by the future Minister of Economy Paulo Guedes within the government. Bolsonaro's team, which has a somewhat more statistical effect, would defend the smaller BNDES system but have some role in financing innovation and investment in infrastructure.

A more voluntary group BNDES could only own the privatization of state-owned companies and the organization of projects for infrastructure projects in the private sector. This feature would have a validity period. When state-owned companies were sold and the main portfolio infrastructure projects were awarded, the BNDES system could even shut down.

Like Guedes, Levy, a naval engineer, has a PhD degree from the University of Chicago, which is the center of liberalist thinking in economics. The secretary of the National Finance Ministry, Mr Antônio Palocci, was also integrated into the first government of Riina State Sérgio Cabral by the Treasury.

Prior to returning to the federal government, during the second term of office of former President Dilma Rousseff, he was the custodian of Bradesco Bank Bram.

The BNDES candidacy would be the first important issue for the Bolsonaro government after the ministers had already announced. The Petrobras command has a strong expectation – the name of the current president of the state-owned company Ivan Monteiro has won the last few days.

Wanted, Levy and Guedes did not respond to the contact details. / COLLABORATED VINICIUS NEDER

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