O Programa brasileiro no CIAP

Abstract

The text presents a speech delivered at a CIAP meeting reviewing Brazil’s progress in implementing its stabilization and investment programs. The speaker commends the Brazilian government and its economic team, led by Roberto Campos and Mr. Kafka, for their significant achievements over the past two years, highlighting improvements in fiscal discipline, international financial standing, and long-term investment planning. He emphasizes that Brazil’s performance should not be judged solely by general indicators like price or GDP growth, but by the structural measures taken to ensure sustainable development. The address also reflects on the political difficulty of implementing economic reforms that require short-term sacrifices for long-term gains, praising Brazil for beginning to reap the benefits of such corrective policies and urging the continuation of these strategies to secure ongoing economic strength and growth.