Brazilian president optimistic about economic situation
Brazilian President Luiz Inacio Lula da Silva Tuesday expressed optimism over his country's economic situation despite the international financial crisis, Xinhua reported.
"Today the country is living at an exceptional moment. For over 30 years Brazil did not see the amount of projects (to boost the economy) it is seeing today," he said in a speech in the small town of Palmeira dos Indios, in the country's northeastern Alagoas state.
Lula was referring to projects of the Growth Acceleration Program, the federal government's largest social program.
He also defended the investment decision made by his administration, saying these decisions were made independently from political considerations, including the 2010 presidential election.