Lula da Silva, who, for his part, criticized the news that appeared in the press, said: “I am a very humble man. I like advice and if the advice is good, you can be sure that I will follow it.” Tension in the stock exchange “has no explanation.
After recalling the situation he inherited when he began the two presidential terms (2003-2011), when Brazil recorded a monthly inflation of 12%, an internal public debt of 60.5% and a debt with the International Monetary Fund, Lula da Silva explained that he left the country with an inflation of 4.5%, and it fell Public debt rose to 37.7%, and Brazil lent $15 billion to the International Monetary Fund and reserves of $370 billion, “which supports Brazil even today.”
“Therefore, I sometimes get annoyed when I see signs of ‘what is fiscal policy.’ I have been told that no one has the authority to talk to me about fiscal policy, because throughout my time in government I was the only G-20 country that had a primary “surplus” throughout The eight years of my tenure,” he emphasized.
Lula, who takes office as president on January 1, 2023, has assured that he will take care of the Brazilian people with great respect “with great authority”.
“I want to say, loud and clear, I have an obligation to the Brazilian people. I will take care of these people like no one has ever taken care of them before. I will make them smile again. I will vote, I will raise the minimum wage,” he promised.
The President-elect of Brazil visits Portugal after participating in the 27th United Nations Conference on Climate Change (COP27), in Sharm El-Sheikh, Egypt.
Luiz Inácio Lula da Silva, who had already served two terms as President of Brazil, between 2003 and 2011, was elected again on October 30, in the second round of the Brazilian presidential elections, with 50.9% of the vote, defeating the incumbent Brazilian head of state, Jair Bolsonaro.