Lula transition team invites experts who helped stabilize Brazil economy in 1990s - sources


  • World
  • Sunday, 06 Nov 2022

FILE PHOTO: Brazil's former President and presidential candidate Luiz Inacio Lula da Silva reacts at an election night gathering on the day of the Brazilian presidential election run-off, in Sao Paulo, Brazil, October 30, 2022. REUTERS/Amanda Perobelli

BRASILIA (Reuters) - Brazilian President-elect Luiz Inácio Lula da Silva's transition team has invited two economists, Persio Arida and Andre Lara Resende, who helped design the Real Plan that stabilized the economy in the 1990s, two sources with knowledge of the matter said on Saturday.

The sources, who spoke on condition anonymity, added that another economist Guilherme Mello, who leads the team drafting economic proposals for Lula at the leftist Perseu Abramo think tank, was also invited to the transition group.

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