Brazil and Argentina disputing the presidency of the IADB

Brazil plans to push for its own candidate to lead the Inter-American Development Bank, vying with Argentina for the regional lender’s top job. Brazil is lobbying for Marcos Troyjo, the Economy Ministry’s Special Secretary for Foreign Trade and International Affairs or  Maria Silvia Bastos, who chairs Goldman Sachs Group Inc., while Argentina supports Gustavo Beliz, current Secretary for Strategic Affairs.

Source: MercoPress

Categories: Macroeconomy/Finance