Lodi Valley News.com

Complete News World

Appointment of Dilma as the new Chairman of BRICS Bank. Extends until July 2025 | Policy

  • Dilma, whose name was approved by the committee to head the bank after being questioned by BRICS economic ministers, must travel with Lula to China in the next few days.

  • She must remain in the position until July 2025, replacing Brazilian diplomat Marcos Trujo, who was appointed by Jair Bolsonaro in 2020.

  • Banco do Brics finances infrastructure and sustainable development projects in the countries that are part of the institution: Brazil, Russia, India, China and South Africa.

Former President Dilma Rousseff in March 2020 – Photo: REUTERS/Charles Plateau/File photo

Former President Dilma Rousseff was appointed in charge of the New Development Bank, also known as the “BRICS Bank”, on Friday (24). Dilma was appointed by the Lula government to this position.

Dilma’s term as president of the BRICS bank runs until July 2025. It was up to Brazil to suggest a new name to lead the bank.

Dilma’s name was approved by a committee from the foundation after the former president underwent some kind of interview with economic ministers from the bloc’s other member states – South Africa, China, India and Russia.

Dilma’s predecessor was fellow Brazilian Marcos Trujo. He is a diplomat and nominated to head the BRICS Bank in 2020 by Jair Bolsonaro.

NDB Bank is headquartered in Shanghai, China. Dilma must travel to the country with Lola in the coming days.

BRICS Bank is responsible for financing infrastructure and sustainable development projects in the countries that make up the institution.

Fighting hunger and poverty

In a note, the BRICS bank stated that when she was president of Brazil, Dilma prioritized the fight against poverty and emphasized the expansion of social programs created on Lula’s terms between 2003 and 2010.

“As a result of one of the most intensive poverty reduction operations in the country’s history, Brazil left the United Nations map of hunger,” says an excerpt from the NBD statement.

The Foundation added in the press release that Dilma advocated internationally for respecting the sovereignty of all countries and defending the so-called pluralism. sustainable development; human rights. Peace.

under its rule [Dilma]He added that Brazil was present in all international forums on climate and environmental protection, culminating in its decisive participation in the Paris Agreement.

According to the bank’s assessment, Rousseff has “significantly” expanded cooperation between Brazil and several countries in Latin America, Africa, the Middle East and Asia.

profile account

Dilma Rousseff, born in Belo Horizonte (MG), is 75 years old with a degree in Economics.

During the military dictatorship, she joined secret left-wing organizations, and was arrested and tortured.

In Rio Grande do Sul, he helped found the Democratic Workers Party (PDT). He joined the Labor Party in 2001.

During Lula’s administrations, she was Minister of Mines and Energy and Chief of Staff. In this capacity, he directed the Growth Acceleration Program (PAC), one of the flagship programs of the government. Lula called her “PAC’s mother”.

In 2010, she was elected president, and in 2014, she was re-elected. In 2016, he was impeached and his mandate revoked. In 2018, he ran for a Senate seat for the state of Minas Gerais, but was not elected.

Videos: All about politics in Brazil

See also  Vaccination rates in the United States are rising following demand from health care systems, businesses, and governments; Decreased incidence and mortality