Dilson Funaro, Date of Birth, Place of Birth, Date of Death

    

Dilson Funaro

Brazilian businessperson and politician

Date of Birth: 23-Oct-1933

Place of Birth: São Paulo, Brazil

Date of Death: 12-Apr-1989

Profession: businessperson, politician

Nationality: Brazil

Zodiac Sign: Scorpio


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About Dilson Funaro

  • 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 president 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.

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