Brazil Ex-Central Bank Chief Declines Idea of Lula’s Cabinet Job

  • Persio Arida unwilling to take government position in Brasilia
  • Folha de S.Paulo newspaper interviewed Arida from Oxford, UK
Persio AridaPhotographer: Nelson Ching/Bloomberg
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A former Brazil central bank chief and close economic adviser to centrist Vice President-elect Geraldo Alckmin rejected reports that he may take a cabinet position in the incoming administration, according to Folha de S.Paulo newspaper.

Persio Arida, a liberal economist who joined the campaign of leftist leader Luiz Inacio Lula da Silva along with Alckmin and is now part of the government transition team, told the newspaper he’s unwilling to take any government position in Brasilia, the country’s capital. That rules out all cabinet jobs.