Speaking to the IDB, Miriam cites a "strong" economic recovery.

247 – Brazil's economic recovery is "strong" and "promising," assured Planning Minister Miriam Belchior this Saturday, the 16th, at a press conference in Panama. She also said that "inflation is under control" and that investors maintain an interest in the country, "due to the great opportunities that the Brazilian market offers." The minister is participating in a meeting of governors of the Inter-American Development Bank (IDB), which takes place until Sunday.

"All indicators show that the recovery is strong," said Miriam. She added that these indicators are beginning to give "promising signs of what is happening with the economy." According to the minister, Brazilian economic growth for this year should be between 3% and 4%, driven by domestic consumption and public investment in infrastructure.

Miriam Belchior assured that there are no problems with inflation in the country. "We have had inflation under control for more than 10 years," the minister told reporters. According to her, the government's goal is to reduce the rate – which was 6,2% last year – to 4,5% this year. The 2012 result was largely caused by food prices, according to authorities.

A week ago, President Dilma Rousseff announced the elimination of taxes on basic food items, in order to encourage the market to reduce the prices of these products for consumers, thus contributing to a reduction in the inflation rate. When questioned about the fact that, even with the tax reduction, prices remained the same, Dilma stated that the issue now rests with the manufacturers.

With information from Agence France-Presse.