Brazil’s Fallen Finance Minister Says He Did No Wrong

Brazzil Magazine covers

"During these three years in the government, I never supported misuse of public goods, and I never offended Brazil’s Constitution or its democracy," affirmed Brazil’s former Minister of Finance, Antônio Palocci.

He received hearty applause, Tuesday, March 28, during his speech at the inauguration of his successor, Guido Mantega.

Palocci said that he bears no malice towards those who launched accusations against him. "Not even towards those individuals, who, as close as they were to us, accept as the truth words we never uttered and recent facts that don’t go beyond mere accusations or figments of the imagination and groundless charges."

The former minister referred to "a Brazilian tradition of fierce opposition," which made him a victim. "What makes me most confident is the certainty that I sought a new path for a serene and civilized coexistence among opposing forces."

Palocci mentioned various advances achieved during the three years and 86 days he directed the Ministry of Finance.

"President Luiz Inácio Lula da Silva’s Administration, which I had the honor to serve, managed to remove Brazil from the intensive therapy ward of the International Monetary Fund (IMF).

"It succeeded in reducing the country’s foreign debt from more than US$ 230 billion at the beginning of 2003 to around US$ 160 billion at present. It was able to chalk up foreign trade figures never before attained."

The ex-minister said that he leaves his post happy that he did his duty. "I am happy mainly for having made a contribution to the betterment of the lives of millions of poor people, whose plates are fuller than they used to be."

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Says in US It’s Deserving of Investment Grade Rating

Brazil’s Secretary of the National Treasury, Joaquim Levy, stated that the Brazilian mission that ...

Brazzil Magazine covers

The Promising Soccer Boys of Saudi Arabia Train in Brazil

Saudi Arabia's Al Nassr soccer team chose Brazil to promote a series of friendly ...

Brazzil Magazine covers

Chico of the Spirits

Chico Xavier became a household name in Brazil during the 30s. By then, the ...

Brazzil Magazine covers

Bush Departs for Brazil Leaving Behind Shock and Awe in Argentina

President Bush has left the Summit of the Americas in Mar del Plata, Argentina, ...

Brazzil Magazine covers

Brazil: Evicted from Land Trukí¡ Indians Take Over New Area

The Brazilian Truká Indians repossessed another area in the Cabrobó region of Pernambuco, in ...

Brazzil Magazine covers

The Daughter Pelé Didn’t Want Dies of Breast Cancer in Brazil

Sandra Regina Arantes do Nascimento Felinto, 42, who won a five-year court battle that ...