Dilson Funaro | |
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Minister of Finance | |
In office August 26, 1985 – April 29, 1987 | |
President | José Sarney |
Preceded by | Francisco Dornelles |
Succeeded by | Luiz Carlos Bresser-Pereira |
CEO of the Brazilian Development Bank | |
In office March 16, 1985 – August 27, 1985 | |
Nominated by | José Sarney |
Preceded by | José Carlos Perdigão Medeiros da Fonseca |
Succeeded by | André Franco Montoro Filho |
Personal details | |
Born | São Paulo, São Paulo, Brazil | October 23, 1933
Died | April 12, 1989 São Paulo, São Paulo, Brazil | (aged 55)
Alma mater | Mackenzie Presbyterian University |
Dilson Domingos Funaro (October 23, 1933 – April 12, 1989) was a Brazilian businessman and politician, owner of the toy company Indústria de Brinquedos Trol. He was also CEO of the Brazilian Development Bank and later Finance Minister of Brazil during the term of President José Sarney, from August 1985 to April 1987. During his tenure as Finance Minister he was responsible for the creation of a plan for the stabilization of Brazil's monetary policy, the Plano Cruzado. He also was responsible for the unilateral suspension of payments on the Brazilian Republic's external debt to foreign financial institutions, which was implemented on February 20, 1987. With Brazil's financial crisis continuing with seemingly no solution on the horizon, Funaro was asked to resign from his post just a few months later.