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Brazil's Silva: New economic measures by Jan. 20

Brazil's Silva: New economic measures by Jan. 20

Brazil's President Luiz Inacio Lula da Silva says new measures to help Brazil counter the effects of the global economic crisis will be announced by Jan. 20.
Silva says the country is "strong economically" but will act immediately to keep the "perverse effects" of the crisis from affecting the nation.
Silva did not give any details during his weekly radio address Monday, saying only that the government will start 2009 working hard to boost the economy.
The Brazilian leader said the crisis should be seen as an opportunity to "do the things we haven't done yet."
Silva predicts growth at 4 percent next year, but the Central Bank projects 3.2 percent. The prediction for 2008 is 5.6 percent.


Updated : 2021-05-08 03:07 GMT+08:00