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

Tags:

You May Also Like

Unemployment Goes Up to 10.2% in Brazil

Brazil’s unemployment rate went back on the rise and closed the month of January ...

NGO Urges Brazil to Control Haiti’s Police

Brazil’s Minister of the Special Secretariat for Human Rights, Nilmário Miranda, had a meeting ...

Relatives of Brazilian Killed in Subway Accuse London of Keeping them in the Dark

The family of Jean Charles de Menezes are considering the offer of a private ...

Brazil’s Goal: Exporting US$ 1 Billion in Jewels in 2006

Brazilian companies that are makers of gems and jewels should end the year of ...

Brazil’s Lula: Globalization of Justice Would End Terror

Speaking at the meeting of the World Commission on the Social Dimension of Globalization, ...

Consumer and Capital Goods Drive Brazil Industry Up

André Macedo, economist with the Division of Industry of the IBGE (Instituto Brasileiro de ...

UN Gives Brazil High Marks for Poverty Fight But a D for Justice

The top UN human rights official, during a three-day visit to Brazil that ended ...

Will the Gringo Win?

A shrill blast on the whistle marked the end of the capoeira game. The ...

Industry Jobs in Brazil Grow Again

Following two months of decline, industrial employment grew once again in April, in comparison ...

Hanging Up On the State

In Brazil you own a phone like you own your car. And while used ...