- ALSO READ
Brazil's Lula sworn in as prez, vows accountability from outgoing Bolsonaro
Brazil Prez sacks 40 guards for riots, expresses distrust in military
Lula da Silva defeats Bolsonaro to become Brazil's president again
PM Modi congratulates Lula da Silva on being sworn in as Brazil's president
Biden congratulates Lula da Silva on becoming Brazil's president again
-
Brazilian President Luiz Inacio Lula da Silva has promised that his government will promote public works throughout the country to create jobs and boost economic growth.
"I want to travel around Brazil to inaugurate houses, schools, kindergartens, roads, universities and technical schools. We have to put this country to work," Lula said during a meeting in Brasilia to discuss infrastructure projects with his ministers.
According to the President, the country's large public banks should play a leading role in the public works to boost the economy, granting credit to small and medium-sized enterprises, cooperatives, large businesses, and state and municipal governments so that they will be able to borrow.
He detailed that when he took office on Jan. 1, his government found 14,000 paralyzed projects throughout the country, many of them on the verge of completion.
On his Twitter account, the President announced the 'Manos a la Obra' (Let's Get to Work) program, whose objective is to identify, with local authorities, the priority public works in each city and region.
--IANS
ksk/
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Subscribe to Business Standard Premium
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.
Download the Business Standard App for latest Business News and Market News .
First Published: Sat, March 11 2023. 14:47 IST
RECOMMENDED FOR YOU