Finance Minister of the Year: The return of Poland’s middle-distance champion
Highly commended: Yannos Papantoniou, Finance minister, Greece
Determination and coordination: those were the words one banker used to characterize Brazil’s finance minister. Pedro Malan’s policies have continued to improve his country’s fiscal outlook and his reactions to the crises of the past year have been timely and attuned to the actions of the central bank.
During the Asian-crisis induced market panic in October, the central bank raised interest rates and the finance minister then rapidly made spending cuts to compensate for this.
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