Brazil's Lula 'very concerned' with economic growth amid high interest rates -minister

Kitco Media
By Reuters
Published:
Updated:
Reuters
BRASILIA, Feb 23 (Reuters) - Brazil's Management Minister Esther Dweck said on Thursday that President Luiz Inacio Lula da Silva is very concerned with the resumption of economic growth, adding that high interest rates affect funding costs for companies and families. In an interview with news website UOL, she also said that the leftist administration is not guided by the idea of spending a lot to drive economic growth but "to spend correctly." (Reporting by Marcela Ayres)

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