President Dilma Rousseff has Confidence in Brazil

Despite recent problems besetting her government, President Dilma Rousseff of Brazil remains confident about her country's economy. Last Friday morning she hosted a 'working breakfast' for leading journalists in her palace in Brasilia and used the occasion to project her optimism for the near future. "I am convinced that we'll have plenty of scope to lower interest rates to boost our economy" she claimed. She sees this as an important indicator for the strength of the national finances.


The President went on to state that she believed that strong and positive internal tendencies in Brazil will confound the international situation and effects. They will continue to provide excellent investment opportunities for financiers to invest in Brazil as well as a steadily increasing standard  of living for Brazilian people themselves. This is a win-win scenario.

She quoted the strong growth in the ‘middle class’ economic sector, an important component of which is obviously the housing aspect. Central to this is the government-sponsored scheme ‘Minha casa minha vida’ for citizens of average or below-average means.

The initiative, in which award winning developer Ecohouse Developments Ltd is playing a leading role, is providing, for the first time ever, many ordinary families with the chance to purchase decent affordable homes of their own. Some commentators have described this as nothing short of  revolutionary, in its combination of social benefit with excellent investment opportunities.

During the breakfast meeting Dilma Rousseff summarised her upbeat assessment of her country with a forecast of economic growth that some found surprising. She predicted a development rate of between four point five and  five percent for the nation next year. If true, the smiles that some greeted her with will be more than justified and certainly reflected on the faces of the nation's brand-new homeowners of modest incomes!