Pedro Malan - Minister of Finance

Minister of Finance

Malan was the Minister of Finance for Brazil, from January 1, 1995 to December 31, 2002, during the presidency of Fernando Henrique Cardoso. Along with MarcĂ­lio Marques Moreira, Malan worked for the Fernando Collor de Mello administration as an official negotiator of the foreign debt of Brazil with the International Monetary Fund. He is credited with successfully reforming the nation's banking system, saving Brazil from the negative effects of 1997's Asian market crisis.

He was also one of the architects of the Plano Real.

Read more about this topic:  Pedro Malan

Famous quotes containing the words minister and/or finance:

    Rosalynn said, “Jimmy, if we could only get Prime Minister Begin and President Sadat up here on this mountain for a few days, I believe they might consider how they could prevent another war between their countries.” That gave me the idea, and a few weeks later, I invited both men to join me for a series of private talks. In September 1978, they both came to Camp David.
    Jimmy Carter (James Earl Carter, Jr.)

    A bank is a confidence trick. If you put up the right signs, the wizards of finance themselves will come in and ask you to take their money.
    Christina Stead (1902–1983)