Poor Are Finally Benefiting From Brazil’s Boom Trade, Says Lula

Brazilian President Luiz Inácio Lula da Silva underscored, last week, that, for the first time, poor Brazilians are experiencing “seeing this country grow in a sustainable way, with low inflation.”

“These workers are enjoying prospects of real growth in their monthly incomes and of being able to participate much more forcefully in this country’s politics and consumer market,” he declared at the inauguration of an electric power transmission line in Cuiabá, capital of the state of Mato Grosso.


Lula affirmed that the poorest members of the population were the ones who suffered the most from the economic “games” played by previous administrations.


“Each time someone played with the country’s economy, in view of imminent elections, the negative result was left over for the poor part of the population.”


The president stressed the growth in the country’s exports from US$ 24.8 billion (60 billion reais) to US$ 45.60 billion (110 billion reais), notwithstanding criticisms of the government’s exchange policy.


The expectation, he said, is for exports to reach US$ 49.75 billion (120 billion reais) by the end of the first half of 2006.


“We are proving that it is possible to expand the domestic market, to expand the foreign market, and still contain inflation at its lowest level in recent years.”


Lula avowed once again that all charges of corruption will be investigated. “Everybody knows that these things that are done seriously take more time.


“Frequently, when all you do is stage a Carnaval, there is a lot of noise, and the true conclusion takes a long time to appear, and sometimes it doesn’t appear at all.”


Agência Brasil

Tags:

You May Also Like

Market and Jobs Down in Brazil

Brazilian and Latin American bourses tumbled, in the wake of Tuesday’s U.S. interest rate ...

Despite Crises, Brazil Has World’s Second Largest Aircraft Fleet

Brazil has the second largest fleet of civil aircraft in the world, totalling 11,000 ...

Brazil’s Message to Obama: It Wishes to Be Treated as an Equal

Antonio Patriota, Brazil’s Foreign minister, says that the visit by the American president Barack ...

Brazilian Amazon’s Açaí Graduates as Sophisticated Spirit

Around a decade ago, the açaí berry (pronounced ah-ssa-ee) was starting to get a ...

RAPIDINHAS

Slam-bang Guga Gustavo Kuerten, who every Brazilian is calling Guga these days, is tennis’ ...

Brazilian Program Teaches Small Cosmetic Firms How to Get Ready to Export

With the external market as the objective, the Brazilian Association of Toiletries, Perfumes & ...

Brazil Sets Free Condom Machines in Schools Plus 55 Million Condoms for Carnaval

The Brazilian ministry of Health has begun distributing condoms directly in schools alarmed with ...

Africans and Arabs Want Brazil’s Know How on Open Source

Tunisia is interested in the Brazilian project for the diffusion of the use of ...

Emirates Get Brazilian Embraer’s First of Five Lineage 1000 Jets

Embraer, the Brazilian aircraft manufacturer, delivered the first Lineage 1000 executive jet to company ...

Oracle Touts Its On Demand Service in Brazil

For the second time in Latin America, Oracle opened its user conference, called OpenWorld. ...