Levy to Stay, Finance Tax Is Essential for Growth, Rousseff Says
- Brazil's president responded to critics of minister's policies
- Country needs to raise taxes to shore up budget, she says
Brazil's Economy Is Under Pressure
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Brazil’s Finance Minister Joaquim Levy will stay in his post because the government agrees with his policies, President Dilma Rousseff told reporters Sunday in Stockholm.
Rousseff’s comments about Levy were an answer to an interview her Workers’ Party president, Rui Falcao, gave to Folha de S.Paulo. Falcao told the newspaper that Rousseff had to change the current economic policies to increase consumer and business financing, and that the minister should leave if he didn’t agree with the measures.