Fiscal stability is a mandatory condition, says Lula, signaling to businessmen

President defends public accounts balance in front of 744 participants and recalls Dona Lindu's teachings; Alckmin highlights dialogue skills and...

Fiscal stability is a mandatory condition, says Lula, signaling to businessmen

TL;DR

  • President Lula declared fiscal stability as an "obligatory" condition for Brazil.
  • He stated that unbalanced public accounts disproportionately affect the poor.
  • Lula cited his mother, Dona Lindu, for teaching him basic economic principles of domestic finance.
  • He recalled past economic growth periods and the creation of the Growth Acceleration Program (PAC).
  • Vice President Geraldo Alckmin highlighted Lula's ability to foster dialogue and national interests over political cycles.
  • BNDES President Aloizio Mercadante discussed the State-market relationship, citing China as an example, and spoke of Lula's potential historical legacy.
  • The event was organized by Prerrogativas, Esfera, and Parlatório and attended by prominent business figures like Milton Maluhy Filho (Itaú Unibanco) and Gustavo Pimenta (Vale).