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Brazil’s Lula Vows Elections Won’t Change His Economic Policy

In a speech in the city of Campinas, interior of São Paulo state, president Luiz Inácio Lula da Silva reaffirmed Thursday, April 6, the goals of his administration: economic stability and investments in infrastructure always with the objective of giving the more needy a better quality of life.

"We want a more just form of development. We do not corporations to make less, we want the worker to make a little more," said the president.

Lula once again said he did not intend to interfere with the exchange rate. He said the exchange rate would level off with further drops in interest rates and rigid control of inflation.

And he also stated that there will be no changes in overall economic policy. "Nothing is going to make me put everything we have done so far at risk just because of the elections," he declared.

ABr

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  • Guest

    What did Lula for infrastructures….
    …during his first 3 years, excepting having you swallw that he could fill all the Brazilian potholes during the first 6 months of 2006 with a budget of Reais 400 millions !

    Yes 400 millions for all the Brazilian portholes.

    Lula is a joke and a junkie.

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