President Luiz Inácio Lula da Silva said, this Sunday, November 9, that the Brazilian government will act to reduce interest rates and create favorable conditions for investments. During a pronouncement transmitted by national network, the political leader expressed concern about the trajectory of public debt and the high interest rate. He stated that one of the main goals will be to raise the investment rate to more than 20% of Gross Domestic Product, aiming at partnership with the private sector.
Lula emphasized that all efforts will be made by preserving fiscal rules to enable sustainable social policies. The president also mentioned the need to discuss reforms in politics and the judiciary, highlighting the importance of an exempt and ethical magistrature to combat corruption and organized crime. He assured that the changes necessary for his government will be structured by the end of the year with more dynamism.