SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Friday his government will “stabilize” Brazil’s economy and put it back on a growth trajectory.
His remarks come a day after government data showed that Brazil’s economy rebounded more than expected in the first quarter, powered by a booming farm sector and paving the way for a rosier annual outlook despite a drag from high interest rates.
(Reporting by Eduardo Simoes; editing by Steven Grattan)
Leave a Reply