President Michel Martelly welcomes re-election of Dilma Rousseff
ADVERTISEMENT
Rousseff has her work cut out for her because Brazil's economy is projected to grow only 1% in 2015, down from 7.5% in 2010, prior to Rousseff taking office. If she doesn't put Brazil's fiscal house in order, the country's credit rating will be downgraded next year.
Knowing what is at stake Rousseff says she is committed to working ". . . with political adversaries and business leaders alike to usher in a new era of economic growth." She has also reached out to investors concerned about the dire state of Brazil's finances, telling them she will dedicate her second term to fiscal rigor and anti-inflationary measures.
Local businesses are demanding Brazil reform its tax code and pension system, burdening public finances. Rousseff does not disagree with them, but shows a disinclination to work with Congress to pass needed legislation, a major downfall of her administration.
Read more: michel martelly, Brazil, Dilma Rousseff, International
« Brazilian Envoy Ricardo Seitenfus, MINUSTAH's presence in Haiti Illegal | Main | 43,781 Haitians in Brazil to receive Permanent Residence »
Leave a Reply
Name (required) E-mail (required, will not be published)» »
Our objective is to share with you news and information about Haiti and the people of Haiti. Traditions, habits and the way we were or grew are alive in this site. We highly recommend that you Subscribe to our Newsletter and also share with us some of the things that are memorable and made us unique people.