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Your email address will not be published.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

Central Market in Florianópolis, state of Santa Catarina, Brazil

A Few Ways to Legally Move to Brazil Without Having to Marry a Brazilian

Immigration visa to Brazil will be granted only to applicants who satisfy the special ...

Vigilante Groups in Brazil Trump Drug Gangs and Become Rio’s New Authority

The push of vigilante groups in Rio de Janeiro’s favelas (shantytowns) in the last ...

The Frying of a Black Minister in Brazil

What the Lula administration wants is Minister Benedita da Silva’s seat, but they avoid ...

Biofuel Companies in Brazil Sign Cooperation Accord

Brazilian Biofuel projects based on sugarcane farming on irrigated areas in Minas Gerais, Bahia ...

Brazilian Scotton Back to NASCAR

  by: Brazilian racecar driver Roger Scotton has signed an agreement with two major ...

Brazil Hailed as Model in Ethanol in International Encounter

Brazilian ethanol production was mentioned in the majority of the lectures given, January 23, ...

Corruption Scandal in Brazil Also Brings Down Federal Savings Bank’s Chief

The downfall of Brazil’s Minister of Finance, Antonio Palocci, was sealed when it was ...

India’s President Starts in Brazil Trade and Political Tour

The President of India, Pratibha Patil, left her country on Saturday for a Latin ...

Havaianas flip flop

Brazil’s Flip-Flop Maker, Alpargatas, Is Celebrating 100th Anniversary

Alpargatas, manufacturer of the world-renowned Havaianas flip-flops, will turn 100 years old in April. ...

Pssst!

Eleven Things About Rio You Wouldn’t Know from Watching the Three Caballeros, Black Orpheus, ...