November 27, 2003
Venezuelan to head SELA
(El Universal, reproduced by Conapri Newsletter) - "The representatives of the member countries of the Latin American Economic System (SELA) chose by acclamation Venezuelan economist Roberto Guarnieri as the new SELA permanent secretary to replace Ambassador Otto Boye Soto, who completed the regulatory four-year term.

Guarnieri is an economist with honors from Yale University, with wide experience in the economic area. According to the Foreign Ministry, SELA representatives approved a decision in which they observe `with interest the proposal to set up the International Humanitarian Fund, as an innovative financing mechanism to combat poverty.'

The Ministry said that the resolution was adopted 'because it is a project that responds to a concern in the international community due to the reduction in international funds to support the efforts of poor countries to develop their economies and eradicate poverty'".

 

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