Brazil’s Rousseff Says Exchange, Interest Rates to Help Growth

Brazil can grow in a more sustainable way, due to more realistic exchange rates, together with lower taxes and interest rates, President Dilma Rousseff said yesterday.

Policy makers will continue to work to drive down taxes next year, Rousseff said at an event in the southern state of Rio Grande do Sul. Brazil is working to eliminate infrastructure and logistics bottlenecks, Rousseff added.

A copy of the speech was provided by Rousseff’s press office.

To contact the reporter on this story: Matthew Malinowski in Brasilia at mmalinowski@bloomberg.net

To contact the editor responsible for this story: Joe Sabo at jsabo@bloomberg.net

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