Gerardo Esquivel: Lopez Obrador rejects the elections in the Islamic Development Bank: “It’s more of the same”

Gerardo Esquivel: Lopez Obrador rejects the elections in the Islamic Development Bank: “It’s more of the same”

The President of Mexico rejected the recent elections in the Inter-American Development Bank (IDB), Brazil’s Ilan Goldfajn got 80%. Of the necessary votes to assume the presidency of the Commission. “There is no change in the election of the director of the Islamic Development Bank, it is more of the same, it is what has been applied throughout the neoliberal period, and they agree with the approval of the United States and this is what they choose,” the president announced this morning in his press conference from the National Palace.

Gerardo Esquivel, the current deputy governor of the Bank of Mexico and the candidate proposed by López Obrador for the presidency of the Islamic Development Bank, received 8.21% of the votes and the green light from three provincial governors, which the president regretted. “It is unfortunate that this continues to happen, there are no changes and we will look for options, of course with the advice of Gerardo, who is a good civil servant,” said the Tabasco politician.

The IDB succession did not go down well with the Mexican government. This weekend, the Finance Ministry issued a brief but forceful statement refusing to vote for Goldfajn. “We regret that in the IDB elections the policy of more of the same continued. “The Brazilian government’s proposal was chosen with the support of the United States,” the agency said.

elude He has been Deputy Governor of Banco de México since January 2019 He was part of López Obrador’s presidential campaign in 2018 as an economic advisor. “We will explore other possibilities in the government itself or in Mexico’s representations abroad,” said the Mexican president. Esquivel finished his term as deputy central bank governor in December of this year, but a candidate to take over Esquivel’s position at Banco de México has yet to be announced.

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Next December 19 is the starting date for Ilan Goldfein’s duties as President of the Islamic Development Bank, and he will have an initial five-year term as President of the multilateral institution. In an interview with EL PAÍS Before his election, the Brazilian said his priorities would be to combat poverty and inequality, including better distribution and production of food, combating climate change and strengthening physical and digital infrastructures, to improve communication between the various countries in the region.

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