Remarks by U.S. Treasury Secretary Lew at Meeting with Brazilian Finance Minister Meirelles

U.S. Department of the Treasury | September 27, 2016

BRASILIA – I would like to thank President Temer and Minister Meirelles for welcoming me to Brazil and for hosting us here today. It’s a pleasure to be in Brasilia to continue our discussions with the President and the Finance Minister on the importance and future of the U.S.-Brazil economic relationship, as well as our shared goals for the G-20 and the health and stability of the global economy. Brazil’s economy appears poised to return to growth, following the deepest recession in over 100 years.  Our work with the Ministry of Finance has reaffirmed my view that the Temer Administration is taking ambitious steps to regain Brazil’s economic footing and restore confidence to consumers and investors alike.  This visit provides us the opportunity to engage directly as Brazil takes on difficult but necessary economic reforms. While the road ahead will not be without challenges, I am convinced that the government’s proposed structural reforms, if passed by Congress, will help the Brazilian economy realize its enormous growth potential, including promoting the strong and balanced growth which is so important to strengthening the middle class and protecting Brazil’s most vulnerable populations.

Spotlight

Hennepin County is a vibrant blend of 46 municipalities that includes the city of Minneapolis (known as the “City of Lakes”), attractive suburbs, and peaceful small town settings. Hennepin is the largest of Minnesota’s 87 counties in budget, estimated market value, and population. With one of the highest graduation rates in the US, 92% of Hennepin’s population are high school graduates and more than 42% have a college degree.


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Hennepin County is a vibrant blend of 46 municipalities that includes the city of Minneapolis (known as the “City of Lakes”), attractive suburbs, and peaceful small town settings. Hennepin is the largest of Minnesota’s 87 counties in budget, estimated market value, and population. With one of the highest graduation rates in the US, 92% of Hennepin’s population are high school graduates and more than 42% have a college degree.

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