The World - News from April 27, 1987
Finance Minister Dilson Funaro, who masterminded Brazil’s suspension of interest payments on its huge foreign debt in February, has resigned. “I delivered my letter of resignation to President Jose Sarney on Friday; it is an irrevocable decision,” he told reporters from his Sao Paulo home. Funaro, 53, who has been finance minister since August, 1985, has been under increasing pressure since the failure late last year of an anti-inflation plan that froze prices but collapsed after it led to widespread shortages.
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