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Free AccessPresident Lula Says Commitment Is Economic Development With Stability
President Lula has sent a letter to Brazil’s Congress and the following headlines have crossed the wires:
- Governmentt to set new Brazil fiscal rule
- Brazil spending cap rule harmed social policies
- Says govt priority to set eco. policy to fight inflation
- Says his govt to propose new labor rules
- Says it is urgent to remove illegal miners from reserves
- Brazil commitment is economic development with stability
- Says entrepreneurs will have adequate credit access
- Says it is needed to recover Brazil state capabilities
- Says government must recover SOE's role as growth drivers
- Says Bolsa Familia to be renewed and expanded
- Petrobras to be self-sufficient in oil, derivative goods
- Says his govt opposes Eletrobras's privatization
- Govt to re-establish regulatory food stocks
- Brazil mining regulation will be improved
- FX policy reduces currency volatility, helps taming CPI
- Brazil needs a new fuel prices policy and that fuel price formation must be internalized
- Separately Minister Padilha said Brazil’s new fiscal framework to be presented by April (ALL BBG)
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.