Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Rousseff Said Unlikely to Fire Mantega on Weak Growth

(Corrects to say relations between Rousseff and finance minister in third paragraph.)

Dec. 12 (Bloomberg) -- Brazilian President Dilma Rousseff is unlikely to fire her finance chief, Guido Mantega, because she’s satisfied with his performance and expects economic growth to accelerate next year, a government official said.

Rousseff has no plans to change the course of economic policy even after a frustrating third quarter performance in which growth was below forecast, said the official, who declined to be named because he’s not authorized to discuss the matter publicly.

Relations between Rousseff and her finance minister are strong, said the official.

“I would not think” of resigning, Mantega said to reporters today in Paris, after being asked about the economy’s recent performance. The Economist magazine called last week for Rousseff to fire him.

To contact the reporter on this story: Carla Simoes in Brasilia Newsroom at csimoes1@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.