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

French President Bets in Brazil that Lula Will Be Reelected

There is something slightly forlorn about the French President, Jacques Chirac’s four day visit ...

Venezuela’s Deals Are Too Good to Pass, But Brazil Has Been Resisting

While crowds of cheering supporters gathered outside the National Assembly in Venezuela on August ...

“Moro no Brasil”: Brazil’s Joy and Pain Through Her Music

"Moro no Brasil," (aka "The Sound of Brazil") Finnish director Mika Kaurismaki’s 2500 mile ...

Town of Santa Tereza, Espírito Santo, Brazil

A Trip Back in Time to Meet Grandpa and His 21 Kids in Brazil

It was January of 2006 when my American husband and I traveled to Santa ...

Best-seller Books, Plays and Movies

(*Before Cardoso) The public sector has played a crucial role in Brazil’s economic development. ...

Brazilian Small Mango Farmers Get a Place at Europe’s Table

Small farmers from the  Associação Manga Brasil (Mango Brazil Association) are optimistic about selling ...

Brazil’s Big Plans: 750,000 Property Deeds in 2 Years

Brazil’s Ministry of Cities says that between now and the end of 2006 it ...

Brazil’s Chaos Shouldn’t Scare Investors Off, Says Peugeot Citroen

The attacks by a drug Mafia in São Paulo, Brazil, which have caused 91 ...

80% of Brazilians Favor Free Morning-After Pills

Brazilians approve the government’s family planning policy, launched by the Ministry of Health in ...

First Vote on Brazil’s Mensalão Is Guilty for Corruption and Money Laundering

The first of many “votes” in the biggest corruption trial ever dealt with by ...