Flávio tells allies he will define the Minister of Economy to send a message to the market
Flávio Bolsonaro, a presidential candidate in Brazil, plans to announce his Minister of Economy soon to reassure the financial market.
Flávio Bolsonaro, the pre-candidate for the presidency of Brazil, has indicated to his allies that he will soon reveal the name of his proposed Minister of Economy. This strategy closely mirrors that of his father, former president Jair Bolsonaro, who announced Paulo Guedes as the head of the Ministry during his own pre-campaign phase. Flávio aims to present a candidate that not only pleases the financial market but also has the capacity to manage public finances effectively.
Despite giving few specifics on potential candidates, Flávio has already introduced his brother, former deputy Eduardo Bolsonaro, as his choice for Minister of Foreign Affairs, a decision that has drawn criticism from some of his allies within the pragmatic centrist bloc. This move reflects Flávio's intent to maintain a balance between familial loyalty and the demands of the financial community. His strategy appears to follow the lessons learned from his father's tenure, where early announcements were used strategically to signal intent for liberal economic policies.
As Flávio prepares for his campaign, he is consciously moderating his rhetoric to appeal more effectively to financial stakeholders and broader populaces alike. The decision to announce an economic minister shortly might be aimed at showcasing a commitment to stabilizing Brazil's economy and building investor confidence ahead of the electoral contest. This approach could significantly influence his campaign trajectory and public perception, positioning him as a serious contender for Brazil's presidency.