President Luiz Inácio Lula da Silva (PT) wants to include poor Brazilians and their foreign friends in the federal budget.
After clearing up the confusion — or trying to — about a supposed common currency, the president found a new noise to put in its place: the return of the National Bank for Economic and Social Development (BNDES) as an inducer of growth in other countries.
From Argentina on his first international trip of his third term, and believing in the saying that “Brazilians have a short memory”, Lula repeats his bet on Brazilian engineering carried out in neighboring countries as a source of growth for our economy.
The Minister of Finance, Fernando Haddad (PT), continues his effort to be a key “SAP” of what the president says. The former mayor of São Paulo legitimized the debate about adjusting the inflation target with “tranquility”, and, regarding the measures announced in Buenos Aires, Haddad guaranteed that “this time it will be different”, since public banks will finance Argentine importers and works abroad with real guarantees from a country in an acute crisis,
It won’t take long, and the economic team will need a secretariat of the guarantee — someone who can raise enough money to solve the problems of Brazil and the foreign partners elected by Lula.
In this Tuesday’s episode (24), CNN Money also brings a survey by economic analyst Raquel Landim, which shows that Brazil still has a few billion reais to receive from BNDES operations made with Latin countries during the PT mandates, and the unanchoring of expectations for the IPCA-15, released this morning.
Presented by Thais Heredia, the CNN Money it presents a balance of the news subjects that influence markets, finances and the direction of society and the dynamics of power in Brazil and in the world.
*Posted by Tamara Nassif
Source: CNN Brasil
I’m James Harper, a highly experienced and accomplished news writer for World Stock Market. I have been writing in the Politics section of the website for over five years, providing readers with up-to-date and insightful information about current events in politics. My work is widely read and respected by many industry professionals as well as laymen.