You are here

Brazil's Rousseff says central bank chief, finance minister to stay

Thursday, March 17, 2016 - 07:19

R.jpg
Brazil's President Dilma Rousseff said on Wednesday neither her finance minister nor central bank chief would leave the government following the appointment of former President Luiz Inacio Lula da Silva as a minister, denying local media reports.

[SAO PAULO] Brazil's President Dilma Rousseff said on Wednesday neither her finance minister nor central bank chief would leave the government following the appointment of former President Luiz Inacio Lula da Silva as a minister, denying local media reports.

Ms Rousseff also said that the left-leaning Mr Lula was committed to pursuing fiscal stability and controlling inflation and insisted that Brazil's international reserves would not be used to solve investment issues.

The appointment of Mr Lula - who has been charged with money laundering by prosecutors - does not mean he is above investigation, Ms Rousseff said, pointing out that Brazil's highest court would still have the right to try him.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom