The Partido dos Trabalhadores (PT) government in Brazil has elected Dario Durigan as new Minister of Finance, who will lead the fiscal and taxation policy of South America’s largest economy under President Luiz Inácio Lula da Silva.
On Friday, Brazil’s gazette announced sweeping changes to the Ministry of the Economy and Finance (MEF), following the decision of Fernando Haddad to run for Governor in the state of Sāo Paulo.
The move brings a close to Haddad’s two-decade tenure as a leading figure within Lula’s PT Party, having served across multiple administrations and most recently as the architect of the party’s fiscal and tax reform agenda.
