• Categories
  • Archives

For World Bank Chief, Brazil Is Doing Well, But Millions Are Still Too Poor

Brazilian President Luiz Inácio Lula da Silva met Thursday, December 15, with the president of the World Bank (IBRD), Paul Wolfowitz.

On his departure from the Planalto Palace, where the meeting took place, Wolfowitz told the press that he came to Brazil to learn more about measures adopted by the Brazilian government to ensure economic growth and, at the same time, advance on social issues.

"My stay in this economic mammoth, which has become a global and regional actor, will help me understand Latin America’s richness and diversity," he commented.

The IBRD president said that at his encounter with Lula the two discussed difficulties faced by country representatives in dealing with the themes on the agenda of the Ministerial Conference of the World Trade Organization, in Hong Kong, as well as the importance of combining commercial exchanges with sustainable development, always giving due attention to environmental questions.

What the World Bank and Brazil can do together to reduce poverty in the country and the world was also treated at the meeting, Wolfowitz said.

He pointed out that, although the Brazilian economy is doing "well," millions of Brazilian still live in poverty. In speaking to the press, Wolfowitz emphasized the World Bank’s commitment to Brazil and all the other medium-income countries of Latin America.

He remarked that Brazil "is important to the IBRD’s business." He also praised the Brazilian President and said that Lula is a "strong world leader."

When asked about Brazil’s current political juncture, the IBRD president said he didn’t want to get involved with this matter, but he observed that corruption is a problem in the majority of countries and that one of the major challenges faced by institutions is to combat it and limit its effects.

This is Wolfowitz’s first trip to Latin America as president of the World Bank and his first visit to Brazil.

Agência Brasil

Tags:

  • Show Comments (1)

  • Guest

    This is just…..
    public diplomatic lickings.

    Behind the scene words are harsher.

    -;-))))

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazilian Indians Take Over National Health Foundation Building in Protest

As a means to protest against the precarious indigenous health care being provided in ...

Summit Talk

"We know our responsibilities across the world. We know that the world is uneven, ...

Oil and Military in the Agenda of Brazil’s First Trade Mission to Cyprus and Israel

Brazil’s first trade mission to Cyprus and Israel departs today. The mission is headed ...

FTAA: Let’s Wait the US Elections, Says Brazil

The Brazilian Minister of Foreign Affairs, Celso Amorim, said yesterday that he believes Brazil ...

French Carmakers Grow Above Average in the Brazilian Market

Carmaker Renault Brazil has just announced that it sold 79,273 vehicles between January and ...

Big Challenge for Brazil’s New President Is Going Beyond Lula

“I would like that every father and mother in the country today look at ...

Brazilian sugarcane cutter

By Promoting Ethanol Brazil Is Contributing to a World Tragedy

I hold nothing against Brazil, even though to more than a few Brazilians continuously ...

Brazil Gets Nod for 2014 World Cup But No City Has Yet Passed FIFA’s Safety Standard

The 2014 World Cup will happen in Brazil. FIFA, the International Federation of Soccer, ...

Political Instability and Oil Prices Put Brazil in the Red

Latin American markets continued to decline, as both Brazil and Mexico came under pressure. ...

Brazil Strikes Light Oil Under 2 Kms of Salt

Petrobras, Brazil’s state-owned oil company, confirmed  in a press statement, the existence of light ...