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

Brazzil Magazine covers

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

Tags:

You May Also Like

Brazzil Magazine covers

Oil Industries Big Boys Meet in Brazil for the Rio Oil & Gas Conference

The Brazilian company Hydroclean, from the southeastern state of Minas Gerais, headquartered in the ...

Brazzil Magazine covers

Brazil’s Gol Starts Low-Fare Airline in Mexico

Brazilian Airline Gol announced that it executed definitive agreements related to the joint venture ...

Brazzil Magazine covers

Brazilian Camargo Correa Join Swiss and Chileans in Airport Venture

Camargo Corrêa, a Brazilian real estate developer  has joined Swiss company Unique, which manages ...

Brazzil Magazine covers

Brazil Counting on 1.2 Million Tourism Jobs in 5 Years

The Brazilian tourism sector should generate 1.2 million direct and indirect jobs in Brazil ...

Brazzil Magazine covers

Christmas Boom for Brazil’s Beggars

A few years I wrote an article about a woman selling sweets on the ...

Brazzil Magazine covers

US$ 37 Billion: World Never Invested So Much in Brazil

Brazil received US$ 37.4 billion in foreign direct investment (FDI), last year, double the ...