
Zélia Cardoso de Mello
Zélia Cardoso de Mello is a Brazilian economist and politician who served as the Minister of Finance during the presidency of Fernando Collor de Mello. She is best known for implementing the controversial 'Plano Collor' in 1990, which aimed to combat hyperinflation by freezing bank accounts and restricting access to savings. This drastic measure was met with widespread public outrage and is often cited as a significant factor leading to the impeachment of Collor in 1992. Zélia's economic policies and her role in this tumultuous period of Brazilian history have made her a prominent figure in discussions about economic reforms in Brazil.
Born on May 12, 1958 (67 years old)
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Zélia Cardoso de Mello announced the Plano Collor, which suspended access to savings accounts.
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