Joaquim Levy

Brazil's finance minister replaced amid economic upheaval

President Dilma Rousseff on Friday replaced Finance Minister Joaquim Levy, a fiscal conservative appointed just over a year ago, with a close ally, Planning Minister Nelson Barbosa, the Brazilian leader's office says in a statement.

December 19, 2015
December 19, 2015

Brazil's finance minister replaced amid economic upheaval

President Dilma Rousseff on Friday replaced Finance Minister Joaquim Levy, a fiscal conservative appointed just over a year ago, with a close ally, Planning Minister Nelson Barbosa, the Brazilian leader's office says in a statement.