its president Brazil Luis Inacio Lula da Silva today expressed confidence that the new fiscal framework will be approved by Congress as his administration opens “a new chapter in the history of the country.”
In a speech commemorating his 100th anniversary in office, President Lula said he still considered interest rates “too high” and discouraging economic growth, but expressed confidence that Congress would eventually approve the new fiscal policy.
Commenting on the riots on January 8, when supporters of former President Jair Bolsonaro stormed government buildings in the Brasilia capital in an attempt to stage a military coup days after Lula was sworn in, the Brazilian president said: “The far right did not want to give up. power.” “We are opening a new chapter in the history of Brazil, my optimism is not excessive,” he said.
Lula also announced the start of tenders for solar and wind energy projects, stressing that he will not miss the opportunity to turn the largest country in Latin America into a huge green hydrogen plant.
Source: APE/MEB
Source: Kathimerini
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