ASUNCIÓN: Incoming Paraguayan President Mario Abdo Benítez will name his half-brother and former central bank board member Benigno López as finance minister when he is sworn in on August 15, the transition team said on Tuesday.

López, a lawyer, ran the landlocked South American country’s social security agency under the administration of current President Horacio Cartes. Major changes to Paraguay’s economic policy are not expected under Abdo Benítez, who is a member of Cartes’ conservative Colorado party.

Abdo Benítez had previously announced that López would play an important role in his government. Future interior minister Juan Ernesto Villamayor defended Abdo’s decision to name a family member as finance minister, arguing in broadcast comments that López was qualified for the job.

Paraguay’s economy has grown under Cartes thanks to a booming agricultural sector and new infrastructure investments, financed in part by the country’s first international bonds. Gross domestic product grew 4.3% in 2017 and is expected to expand 4.5% this year, according to the central bank.

Still, the country remains one of the poorest and most unequal in the region.