According to Ilan Goldfajn, $3.4 billion will be offered in derivatives contracts that will be passed on from the Central Bank to Brazilian financial institutions.
Brazil will emphasize the urgent need to restructure global governance and ensure the availability of peace-building mechanisms.The country assumed the rotating presidency of the G20 on December 1, 2023, and will continue in this role until November 30, 2024.
He advocated the creation of international tax mechanisms to help finance sustainable development and reduce the inequality among nations. The motto of the Brazilian presidency is “Building a just world and a sustainable planet.”
Finance Minister Fernando Haddad gave a speech in Marrakech, at an event held on the sidelines of the annual meeting of the IMF and the World Bank. Reforming multilateral banks and ecology will also be among the priorities.
Opening the general debate of heads of state at the 78th UN General Assembly in New York, he said that inequality is the main challenge facing humanity, and, in order to overcome it, “hunger, poverty, war, disrespect for human beings” should inspire indignation among leaders.
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