Administrative strategies are defined for the South Bank

The meeting of the Ministerial Council, the highest body of the South Bank, was held yesterday, Thursday, July 24. The entity is composed by the Ministers of Economy and Finance or their equivalent of the member countries, which are Argentina, Bolivia, Brazil, Ecuador, Paraguay, Uruguay and Venezuela.

 At the business meeting, the operational issues of the Bank were discussed. For this, payrolls were submitted for the posts of Executive Directors of the entity, it was also defined the schedule, the mode of capital contributions per country and members of the Ad Hoc Committee were appointed. This Group, along with the directory,  shall establish the bases that will work with the institution in the next three months.