Lula says panic in society led to the fall in consumption
This article was translated by an automatic translation system, and was therefore not reviewed by people.
For the president, news of the crisis affected the economy.
Lula said the government measures to boost various sectors
President Luiz Inácio Lula da Silva said this Monday (27) that the news about the financial crisis in the U.S. and Europe caused panic in Brazilian society, affecting directly the consumption in Brazil.
"There was part of a Brazilian lock in the purchase of products, which in a normal situation they would continue buying," he said.
Lula stressed that the government was quick to take action to reheat the national economy. Among them, he highlighted the release of compulsory; aid to auto industry, the small banks and agriculture and a housing program.
"In a demonstration that was needed to tackle the crisis do more, be more daring than it had at any other time in history," he said.
The president, the numbers that best reflect the improvement of the economy are the automobile industry, Friz that in March this year the production was higher than in 2008. Another positive point, according to Lula, is the retailer, which last month was received with the cutting of the IPI (Tax on Industrialized Products) for the products of the white line.
"I can assure that Brazil remains a country with more opportunities to get out of this crisis much stronger, because the crisis came here, but has not reached the intensity it is in the United States," he said.
Source: G1
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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