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[POLITICS] · Brazil · 14 sources

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Lula engages artists, business leaders, and financial sectors in Brazil

During a series of high-profile engagements in Rio de Janeiro and São Paulo, President Luiz Inácio Lula da Silva addressed diverse sectors including culture, agribusiness, and finance.

In Rio, Lula met with artists to advocate for making cultural policies permanent through a constitutional amendment. He emphasized the need to transform culture into a continuous state policy rather than a variable of changing administrations.

In São Paulo, during a dinner with business leaders, Lula addressed the Banco Master scandal, using strong language to condemn the alleged corruption involving Daniel Vorcaro. He also discussed economic priorities, emphasizing fiscal responsibility and the need for political and judicial reforms.

Regarding the economy, Tarciana Medeiros, President of Banco do Brasil, credited Lula with driving agribusiness growth, noting that R$ 2 trillion was made available through the Safra Plan over the last three years. Additionally, BNDES President Aloizio Mercadante defended the role of state-owned banks in financing long-term innovation and energy transition projects, arguing that public institutions must absorb risks that the private sector cannot.

Entities

Aloizio Mercadante · BNDES · BNDESPAR · Banco Master · Banco do Brasil · CEADS · Daniel Vorcaro · Instituto Caldeira · Luiz Inácio Lula da Silva

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4 days ago