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Brazil's PSD party floats Meirelles' 2018 presidential bid
September 13, 2017 / 6:18 PM / 6 days ago

Brazil's PSD party floats Meirelles' 2018 presidential bid

FILE PHOTO: Brazilian Finance Minister Henrique Meirelles arrives at a news conference in Brasilia, Brazil September 5, 2017. REUTERS/Ueslei Marcelino

BRASILIA (Reuters) - Congressmen from Brazil’s Social Democratic Party (PSD) on Wednesday invited Finance Minister Henrique Meirelles to run for president in 2018, growing the list of potential contenders from within President Michel Temer’s fragmented coalition.

Meirelles, after meeting with PSD lawmakers at his house in Brasilia, wrote on Twitter that he felt honored but was not a candidate. The PSD leader in the lower house of Congress, Marcos Montes, nevertheless said Meirelles received the invitation with “enthusiasm” but would not respond immediately.

Reuters reported late in August, citing a source close to Meirelles, that he wanted to run for president on the PSD ticket, but knew he would have a strong chance only if the economy improved substantially.

Meirelles, in his Twitter post, said that he was focusing his energies on helping Brazil obtain “sustainable growth” after emerging from its worst recorded recession.

Under Brazilian rules, ministers who wish to run in the October 2018 election will need to leave their posts by April, although a formal register would only happen in August.

Other potential contenders being floated by ruling parties include Sao Paulo state governor Geraldo Alckmin and Sao Paulo city mayor João Doria Jr., both from the PSDB party.

A civil engineer by training, Meirelles is the former chairman of now defunct BankBoston Corp and former president of Brazil’s central bank.

Reporting by Silvio Cascione and Mateus Maia; Editing by Leslie Adler

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