President Temer Assures Investors that “Brazil is Back”

President plays down the recent political turbulence linking high-ranking officials to bribes and corruption during international investor forum.

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Trying to attract investors to the country, Brazilian President Michel Temer told a room full of foreign investors on Monday that Brazil has surpassed the worst recession in decades and is now on the road to economic recovery.

“Brazil is back. Inflation is under control, we created conditions for the responsible reduction of interest rates and the economy has grown again, employment begins to recover. And we left behind, ladies and gentlemen, the greatest recession in Brazilian history,” said the President during the opening of the Forum of Investments Brazil . . .

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