Rousseff makes inaugural speech


Brazil’s new President, Dilma Rousseff who takes over from Luiz Inacio Lula da Silva, was sworn in on Saturday 1st January 2011. In her inaugural speech to the Brazilian National Congress she stressed “To ensure the continuation of the current economic growth cycle we need to ensure stability, especially price stability,”

Her speech focused on the importance of eradicating poverty through economic growth. She also talked about protecting the country from unfair competition and indiscriminate flows of speculative capital. She says that it is time to simplify the tax system.

Public expectations are high for the new President with one poll suggesting that 83% of those surveyed expect the new government to be as good as if not better than the previous government.

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